Mathematics, 05.07.2020 14:01 chaleea74

A cup of Starbucks Macchiato will cost you around $5, and a similar cup at McDonald is about $2.90. The exotic Indonesian Civet Coffee will cost around
$20 per cup. What is the most that you are willing to pay for a cup? Is it worth to
pay more? Do you have any consumer surplus on this consumption?

Answers: 2

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A cup of Starbucks Macchiato will cost you around $5, and a similar cup at McDonald is about $2.90....

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A cup of Starbucks Macchiato will cost you around $5, and a similar cup at McDonald is about $2.90. The exotic Indonesian Civet Coffee will cost around $20 per cup. What is the most that you are willing to pay for a cup? Is it worth to pay more? Do you have any consumer surplus on this consumption?

Answers

Another question on Mathematics

A cup of Starbucks Macchiato will cost you around $5, and a similar cup at McDonald is about $2.90. The exotic Indonesian Civet Coffee will cost around
$20 per cup. What is the most that you are willing to pay for a cup? Is it worth to
pay more? Do you have any consumer surplus on this consumption?