Question 2
Based on the above data, answer the given subquestions.
Consumer surplus in this case will be CS = _____________
Question 2: Consumer surplus in this case will be CS = _
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Correct answer: 1250 or 1250000
Question 2 of 37 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 31 Aug 2025, in the May 2025 term (IIT M IMPROVEMENT FN EXAM QIA1 31 Aug 2025). It carries 1 mark.
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