welphygirl3946 welphygirl3946
  • 03-12-2021
  • Business
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Susan values a pair of blue jeans at $40. If the price is $35, Susan buys the jeans and generates consumer surplus of $5. Suppose a tax is placed on blue jeans that causes the price of blue jeans to rise to $45. Now Susan fails to buy a pair of jeans. This example has demonstrated

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jbug811 jbug811
  • 03-12-2021
the answer to this problem is 75$
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