The consumer surplus for John is $10 and his maximum willingness to pay for the product is $30  What would have been the market price?

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter5: Supply, Demand, And Price: Applications
Section5.2: Application 2: Subsidizing The Consumption Of Anything Can Raise Its Price
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The consumer surplus for John is $10 and his maximum willingness to pay for the product is $30 

What would have been the market price?

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