The price of good x (For instance, videos) is $10 without amazon prime and $8 with prime. No, because the consumer surplus with Prime is $47 compared to $50 without Prime.
What is Consumer surplus?
As economic, the term "consumer surplus," which is sometimes referred to as "social surplus" and "consumer surplus," refers to the difference between the price a consumer pays for a good or service and the amount he would be prepared to pay if he had to forgo it. The overall utility will surpass the total market value because the utility produced by each incremental unit of a commodity typically declines as the quantity purchased grows and because the item's price only represents the utility of the last unit purchased rather than the utility of all units.
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