Question: Amanda buys a ruby for $330 for which she was willing to pay $340. The minimum acceptable price to the seller. Tony, was $140.
Amanda buys a ruby for $330 for which she was willing to pay $340. The minimum acceptable price to the seller. Tony, was $140. Amanda experiences: O a consumer surplus of $10 and Tony experiences a producer surplus of $190 O a producer surplus of $200 and Tony experiences a consumer surplus of $10. O a consumer surplus of $770 and Tony experiences a producer surplus of $480. O a producer surplus of $10 and Tony experiences a consumer surplus of $190 QUESTION 3 The market for Ragu spaghetti sauce changes due to a price decrease in spaghetti. This change causes O The demand curve will shift to the right O The demand curve will shift to the left O The supply curve will shift to the right O The supply curve will shift to the let QUESTION 4 Table: Sweebrand Cheesecakes Marry Hat The table shows the maximum consumer willingness to pay for Sweetbrand cheesecakes. Which of the four consumers receives the smallest consumer surplus if the market price of the cheesecakes is $12.50 each? Oper ObFind
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