Question: 6 . Consumer Surplus Kate buys an iphone for $300 and gets a consumer surplus of $60. Her willingness to pay for an iphone is

6 . Consumer Surplus Kate buys an iphone for $300 and

6 . Consumer Surplus Kate buys an iphone for $300 and gets a consumer surplus of $60. Her willingness to pay for an iphone is If she had bought the iPhone on sale for $220, her consumer surplus would have been If the price of the iphone had been $380, her consumer surplus would have been

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