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Consumer surplus for group of economics enthusiasts

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Reference no: EM131891818

An annual subscription for ECONO! magazine costs $26. If Lauren would be willing to pay up to $32, Boris would be willing to pay up to $29, Yonnie would be willing to pay up to $27, and Edette would pay no more than $23, what is the consumer surplus for this group of economics enthusiasts? Explain how the number was obtained.

Reference no: EM131891818

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