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Melissa buys an iphone for $240 and gets consumer surplus of $160. a. what is her willingness to pay? b. if she had bought the iphone on sale for $180, what would her consumer surplus have been?
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In a growing number of cities, stores are required either not to make available plastic or paper bags or to do so only for an additional fee. if this fee can be refunded when someone recycles the bag, the refund acts as a(n) incentive.
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