Refer to T able 6.5. If the six people listed in the table are the only consumers
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Maximum Actual Price Price Willing (Equilibrium Consumer Surplus $5 $13 -$8) 4 ($12-$8) 3 $11 $8) 2 $10 $8) l (= $9-$8) 0 $8- $8) to Pay $13 12 Price) Person Bob Barb Bill Bart Brent Betty
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Related Book For
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
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