Ann is offered three envelopes a b and c she can choose any, Business Economics

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Ann is offered three envelopes a b and c she can choose any

Ann is offered three envelopes: A, B and C. She can choose any envelope, but she can only have one. Envelope A contains €50, B contains €45 and C contains €15. What is the opportunity cost of envelope A? How much consumer surplus does Ann get from envelope A?

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Business Economics: Ann is offered three envelopes a b and c she can choose any

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