Business, 29.10.2019 04:31 tink921

Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither.
statement
consumer surplus
producer surplus
neither
even though i was willing to pay up to $67 for a used textbook, i bought a used textbook for only $58.
i sold a jersey sweater for $31, even though i was willing to go as low as $24 in order to sell it.
i sold a used laptop for $200 on ebay last week. this week, someone offered me $34 for it.

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Identify whether each of the following statements best illustrates the concept of consumer surplus,...

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