

MCQOPTIONS
Saved Bookmarks
1. |
Suppose that the price of a new bicycle is Rs300 Natalie values a new bicycle at Rs 400 it costs Rs200 for the seller to produce the new bicycle. What is the value of total surplus if Natalie buys a new bike ? |
A. | Rs500 |
B. | Rs300 |
C. | Rs200 |
D. | Rs400 |
Answer» C. Rs200 | |