emath3138 emath3138

20-05-2023
Social Studies

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Suppose that Michelle buys a cappuccino from Paul's Cafe and Bakery for $8.25. Michelle was willing to pay up to $9.75 for the cappuccino, and Paul's Cafe and Bakery was willing to accept $4.5 for the cappuccino. Based on this information, the total surplus from this transaction is $__________ .

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