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rafiki121 rafiki121
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A year ago
Consumer Surplus and Pricing

The table shows the willingness to pay for five consumers in the market for dog collars.
ConsumerHighest Price Willing to Pay
Antwone21
Nevaeh16
Valentina11
Matias6
Rudra1
What is the consumer surplus when the price is $16? When the price is $5.5?

▸ $5.00, $32.00

▸ $5.00, $30.00

▸ $18.50, $30.00

▸ $18.50, $32.00
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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omolola69omolola69
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A year ago
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