A what is her willingness to pay b if she had bought the


Melissa buys an iPod for $100 and get consumer surplus of $80.
a) What is her willingness to pay?
b) If she had bought the iPod on sale for $70,what would her consumer surplus have been?
c) If the price of an iPod were $200,what would her consumer surplus have been?

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Econometrics: A what is her willingness to pay b if she had bought the
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