Answer to Question #123141 in Macroeconomics for Muzamil Ayaz

Question #123141

Melissa buys an iPod for $120 and gets consumer surplus of $ 80۔
What is her willingness to pay?

Expert's answer

If Melissa buys an iPod for $100 and gets a consumer surplus of $80, then her willingness to pay will be "120+80=200" (dollars)

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