Need help with an economic question ( consumer surplus)

timer Asked: Apr 29th, 2015

Question description

link to the wendy's commercial

Can you spot (and explain) the concept of Consumer Surplus from this Wendy's Ad on YouTube? NOTE: The video in this link contains several Wendy's commercials. The one to focus on is the first commercial.

Previewing a new concept: Deadweight Loss. What is it and how does it affect a market? ( close to 280 words)

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