If the market price were equal to the equilibrium price, who would receive the most consumer...

If the market price were equal to the equilibrium price, who would receive the most consumer surplus from their purchase of a webcam?

Expert Solution

the consumers which were willing to pay the pay maximum amount for the webcam are the ones who would recieve most consumer surplus. In the figure, the consumers who are willing to pay P_a amount for webcam will be having most consumer surplus.

Rahul Sunny answered 2 years ago

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