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| 1. |
Given potential price is Rs.250 and the actual price is Rs.200. Find the consumer surplus. a. 375 b. 175 c. 200 d. 50 |
| Answer» C - 50rsthe POTENTIAL means POSSIBLE price is 250rs and actual price is 200rs consumer SURPLUS becomes rs.50 at rs.50 he WIL be more satisfy with actual price | |