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If the average price that cable subscribers are willing to pay for satellite TV service is $200 but the actual price they pay is $80, how much is the consumer surplus per subscr…

If the average price that cable subscribers are willing to pay for satellite TV service is $200 but the actual price they pay is $80, how much is the consumer surplus per subscr…
asked 213k views
16 votes
If the average price that cable subscribers are willing to pay for satellite TV service is $200 but the actual price they pay is $80, how much is the consumer surplus per subscriber

asked
User Rammelmueller
by
7.5k points

1 Answer

9 votes

Answer:

120$ per subscriber

answered
User Marc Uberstein
by
8.3k points
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