Andy buys a new floor mat for his car for $198 and receives consumer surplus of $53 on the purchase. His willingness to pay (in $) for the floor mat is therefore? The result should be an integer number, no decimals (e.g. if the result is 3.67, write 4.) Your Answer:

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Andy buys a new floor mat for his car for $198 and receives consumer surplus of $53
on the purchase. His willingness to pay (in $) for the floor mat is therefore? The
result should be an integer number, no decimals (e.g. if the result is 3.67, write 4.)
Your Answer:
Transcribed Image Text:Andy buys a new floor mat for his car for $198 and receives consumer surplus of $53 on the purchase. His willingness to pay (in $) for the floor mat is therefore? The result should be an integer number, no decimals (e.g. if the result is 3.67, write 4.) Your Answer:
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