Sporting goods store to buy a new set

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Q. Cameron visits a sporting goods store to buy a new set of golf clubs. He is willing to pay $750 for the clubs but buys them on trade for $575. Cameron's consumer surplus from the purchase is
Choose one answer. a. $175.

Q. "The higher real incomes earned by American workers primarily reflect the fact which Americans have a greater inherent ability to produce goods also services than do foreign workers." Evaluate.

Reference no: EM1323205

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Sporting goods store to buy a new set : Cameron visits a sporting goods store to buy a new set of golf clubs.

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