Biology Forums - Study Force

The table below shows the total value (in dollars) that Andrew gets from playing 9-hole rounds of golf.

Rounds of Golf per Month	Total Value ($)
0	0
1	40
2	70
3	92
4	108
5	120
6	130
7	130

TABLE 6-6

Refer to Table 6-6. If the price of a 9-hole round of golf is $16, and Andrew is maximizing his utility, then his consumer surplus will be

▸ $44.

▸ $92.

▸ $16.

▸ $108.

▸ $310.

Content hidden