roller blades have recently come back into style in lexington, and several people in our class are considering buying them. for a new pair of roller blades, john is willing to pay $150, jill is willing to pay $100, ruth is willing to pay $90, gretchen is willing to pay $60. if new roller blades are currently selling for $80 per pair, what is the total amount of consumer surplus that will result for these customers?

Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price

The law of demand is the assertion that ?

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real