At a garage sale, Dominique purchases a sewing machine for $30 when she was willing to pay
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Question:
At a garage sale, Dominique purchases a sewing machine for $30 when she was willing to pay $55. If the sewing machine costs $200 new, Dominique's consumer surplus would be:
a) $0.
b) $25.
c) $120.
d) $145.
e) $170.
Related Book For
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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