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Cloud [144]
3 years ago
10

As a consumer, why is it good for us when a store has a surplus of an item we want?

Business
2 answers:
klemol [59]3 years ago
4 0

Answer:

A lower consumer surplus leads to higher producer surplus and greater inequality. Consumer surplus enables consumers to purchase a wider choice of goods.

AVprozaik [17]3 years ago
3 0

Answer:

Usually prices are lower when you have a surplus amount of an item. However, if there was a low amount of one item the price would be extremely high and competitive. Hope that helps!!!

Explanation:

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Answer:

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Suppose a​ monopoly's price is ​$90.00 and its marginal cost of production is ​$18.00. What is the​ firm's markup? What is the f
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Answer and Explanation:

The computation is shown below;

Given that

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a.

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b.

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