1. Using the following information for individuals and their willingness to pay for a bottle of ginger ale, calculate the...
1. Using the following information for individuals and their willingness to pay for a bottle of ginger ale, calculate the total consumer surplus at a market price of $5.
| Maximum amount a buyer would pay for ginger ale |
Scott | $10 |
Dennis | $4 |
Greg | $8 |
Dave | $7 |
Mike | $5 |
12 years ago
999999.99
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