Explain the challenges in measuring consumer surplus


Assignment:

Read the articles:

1) Measuring consumer surplus online.

https://www.economist.com/blogs/freeexchange/2013/03/technology-2

2) Net benefits.

https://www.economist.com/news/finance-and-economics/21573091-how-quantify-gains-internet-has-brought-consumers-net-benefits

3) Worstall, Tim. "We're Still Measuring The Digital Economy All Wrong: No Way Is Facebook Worth $10 Per User." Forbes. Forbes, November 5th, 2015.

https://www.forbes.com/sites/timworstall/2015/11/05/were-still-measuring-the-digital-economy-all-wrong-no-way-is-facebook-worth-10-per-user/#7b5edd123671

1) Explain the challenges in measuring consumer surplus of a free product like major online applications, such as Facebook and Google Search.

Solution Preview :

Prepared by a verified Expert
Microeconomics: Explain the challenges in measuring consumer surplus
Reference No:- TGS01872023

Now Priced at $20 (50% Discount)

Recommended (91%)

Rated (4.3/5)