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If the price of running shoes decreases from $80 to $50, how much consumer surplus is gained?

Respuesta :

To calculate customer surplus:

Maximum price willing to spend – Actual price.

Thus, with the complete question, you should use this formula to find the consumer surplus.

What is Customer Surplus?

This refers to the excess of social valuation of a product over the price actually paid.

Hence, we can see that your question is incomplete, so I gave you a general overview to help you get a better understanding of the concept.


Read more about customer surplus here:

https://brainly.com/question/3209988

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