Business
Business, 17.01.2020 22:31, priscillaoliver5214

The many identical residents of whoville love drinking zlurp. each resident has the following willingness to pay for the tasty refreshment: first bottle $5, second bottle $4, third bottle $3, fourth bottle $2, fifth bottle 1, further bottles 0 a. the cost of producing zlurp is $1.50, and the competitive suppliers sell it at this price. (the supply curve is horizontal.)
how many bottles will each whovillian consume?
what is each person’s consumer surplus?

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Answers: 2

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The many identical residents of whoville love drinking zlurp. each resident has the following willin...

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