Total consumer surplus, If the average level of consumer surplus for each hotel guest, Macroeconomics

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Total consumer surplus

Suppose the price of a hotel room in San Diego averages $200 per night. At that price suppose 30,000 people stay in hotel rooms on an average night in San Diego. If the average level of consumer surplus for each hotel guest equals $24, what is the total consumer surplus per night?

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Macroeconomics: Total consumer surplus

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Macroeconomics: Total consumer surplus

Reference No:- TGS066669

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Recent Questions Asked Macroeconomics

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Macroeconomics: Total consumer surplus

Reference No:- TGS066669

Recent Questions Asked Macroeconomics

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