Respuesta :

The consumer surplus for Charlie would be $1 if he buys the t-shirt,

What is consumer surplus?

The term consumer surplus is associated with the difference between the prices that a consumer is willing to pay to buy a particular product and its market price. It is also abbreviated as CS.

Consumer surplus(CS) is computed as:

CS = Consumer's willingness to pay - Market Price

CS = $10 - $9

CS = $1

Therefore, the consumer surplus for Charlie would be $1.

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