Exam (elaborations)
01-Chapter 7—Market Efficiency and Welfare . Questions and Answers
- Course
- ECON 301
- Institution
- Laguardia Community College
01-Chapter 7—Market Efficiency and Welfare . Questions and Answers TRUE/FALSE 1. If Ming is willing to pay $75 to attend the Broadway production of The Lion King but actually pays $40, she receives a consumer surplus of $35. ANS: T PTS: 1 2. If James is willing to sell an extra concert tic...
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