One can determine the consumers’ surplus if the _______________ are known tax paid maximum buying price price paid maximum buyin

Question

RoseWind [281]

4 years ago

6

One can determine the consumers’ surplus if the _______________ are known tax paid maximum buying price price paid maximum buyin

g price and price paid maximum buying price and tax paid

Business

1 answer:

almond37 [142] · Answer 1 · 2021-11-10T13:28:58+03:00

The answer to this question is: Maximum buying price and Price paid
Maximum buying price refers to the largest amont that consumers are willing to pay to obtain a certain product.
Price refers to the total resource that the consumers have spent to obtain a certain product. Comparing this two factors will result in the amount that indicates the consumer's surplus