QUESTION 2 Andrea is willing to pay a maximum of $1000 for a 50 inches television. She was able to order the television online and earned a consumer surplus of 300. How much she would have paid for...

Extracted text: QUESTION 2 Andrea is willing to pay a maximum of $1000 for a 50 inches television. She was able to order the television online and earned a consumer surplus of 300. How much she would have paid for that TV? O a. $1,300. O b.$700. O. $300. O d. $1,000. QUESTION 3 In normal circumstances if the government doubles the tax on a product then the resulting deadweight loss will be O a. four times the previous deadweight loss. O b. double of the previous deadweight loss. O c. equals to the previous deadweight loss. O d. less than previous deadweight loss.