Question

Suppose mary is willing to pay up to $15,000 for a used ford pick-up truck. If she buys one for $12,000, her ______ would be ______.

Answer 1

Explanation:

Suppose Mary is willing to pay up to $15,000 for an used Ford pick-up truck. If she buys one for $12,000, her ______ would be ______.

Select one:

a. benefit; $12,000

b. cost; $15,000

c. economic surplus; $3,000

d. economic surplus; $12,000