Ask Experts Questions for FREE Help !
Ask
    LMAS's Avatar
    LMAS Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jun 18, 2012, 08:31 AM
    Find consumer surplus?
    Total utility is 5, marginal
    Utility from each commodity
    Is 1, consumer buys 3 units
    Of commodity. Consumer
    Surplus is how much ?

Check out some similar questions!

If price of ribs rose to $10 what would happen to consumer surplus [ 2 Answers ]

http://img21.imageshack.us/img21/592... co2071w2a3.jpg 1.At the equilibrium price, how many ribs would J.R. be willing to purchase? 2.How much is J.R. willing to pay for 20 ribs? 10 3.What is the magnitude of J.R.'s consumer surplus at the equilibrium price? 4.At the equilibrium price,...

Reserves and surplus [ 1 Answers ]

What is reserve and surplus

Earned surplus [ 1 Answers ]

Does the earned surplus item listed in stock holders equity account?what is earned surplus.

Consumer and producer surplus [ 2 Answers ]

Why the combination of consumer and producer surplus is not maximized if there is either excess supply or demand

View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.