How does this affect the producer and consumer surplus in markets?, Microeconomics Discussion help (200 word min)

17 July 2017, Comments Comments Off on How does this affect the producer and consumer surplus in markets?, Microeconomics Discussion help (200 word min)

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What happens if you are willing to pay $80 to go to a concert, but the ticket prices are only $50. How does this affect the producer and consumer surplus in markets?
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