Erik Brynjolfsson and Avinash Gannamaneni of MIT and Felix Eggers of the University of Groningen estimated that
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Erik Brynjolfsson and Avinash Gannamaneni of MIT and Felix Eggers of the University of Groningen estimated that the average U.S. consumer over the age of 16 would pay $1,173 per year rather than do without Netflix. Netflix had about 59 million subscribers in the United States and charged an average of $11 per month. If the economists’ estimate is accurate, how much consumer surplus do Netflix viewers receive?
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