Microeconomics 5

Assignment: 

In this assignment, you will calculate the Price Elasticity of Demand, demonstrate a firm understanding of consumer choices based on differing marginal utilities, consumer surplus, and how the buying choice and amount of consumer surplus changes based on various pricing schemes.

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In this assignment, you will be assessed on the following outcome:

BU224-5: Examine how the concept of utility affects purchasing decisions by individuals and consumer surplus.

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    BU224_Unit5_Assignment_Template.docx