Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
John is looking for an Economic book, because he is not very happy with his accumulated grade in this course. As he has a limited budget, he is willing to pay no more than $ 50.a. He goes to the local Library and looked at the place where some books were sold. He found an economic book for “dummies” at $ 20. Which would be his consumer surplus in the case he buys it?b. As he considered the book at the Library too basic, he explored used books at Internet and found a popular online bookstore that was selling a good textbook at $ 80. What do you think he did? NOTE. Before answering watch videos. VIDEOSConsumer SurplusKahn. Consumer Surplus Introduction. http://youtu.be/_6kwhF6hoqQTotal Consumer Surplus as area: http://youtu.be/RBUBIRtn0xQProducer SurplusKahn Producer Surplus. http://youtu.be/-V-Y5klejSgDeadweight LossHow to calculate deadweight loss. https://youtu.be/kF1c8ujpTYY Kahn. Rent Control & Deadweight Loss. http://youtu.be/ZrNKHCCVfB8Kahn. Taxation & Deadweight Loss. http://youtu.be/NuLlNAdrom4
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