1.

Mr Shah is willing to spend upto Rs 50 lakh for a German luxury car. Luckily he finds a dealer who says the price of the car is Rs 42 lakh. Mr Shah  convinces the dealer to give him 5% discount on the said price. Mr Shah's consumer surplus is_x005F_x000D_

A. Rs 8 lakh
B. Rs 10.1 lakh
C. Rs 2.1 lakh
D. Rs 39.9 lakh
Answer» C. Rs 2.1 lakh


Discussion

No Comment Found