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Loraine Loraine
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Posts: 4563
9 years ago
Mary is willing to pay $50 for a Christmas tree, John is willing to pay $45 and Jeff is willing to pay $40. The price of a tree is $40. The total consumer surplus for Mary, John and Jeff taken together is
A) $15.
B) $135.
C) $40.
D) $95.
E) $120.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 305 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
9 years ago
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Loraine Author
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9 years ago
Good timing, thanks!
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Yesterday
Correct Slight Smile TY
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2 hours ago
Thank you, thank you, thank you!
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