Question

There is a dollar sale on neckties. You buy 10. Estimate your consumer surplus if you would have been willing to pay $10 for the first tie, $9 for second, $8 for the third, and so forth.

A reasonable estimate of your consumer surplus from the ten ties is

Answer 1

Answer:45

Step-by-step explanation:

Answer 2

Answer: 45

Explanation: I just answered it and got it correct

10+9+8+7+6+5+4+3+2+1= 55

Subtract 10 = 45 Total

10 is the $1 dollar difference times the ten items