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Homework answers / question archive / Suppose that a customer's willingness to pay for a product is $79, and the seller's willingness to sell is $64

Suppose that a customer's willingness to pay for a product is $79, and the seller's willingness to sell is $64

Economics

Suppose that a customer's willingness to pay for a product is $79, and the seller's willingness to sell is $64. If the negotiated price is $68, how much is consumer surplus?

Question 7 options:

 

$11

 

$15

 

$21

 

$4

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