Multiple Choice
Exhibit 6-11 At point b in Exhibit 6-11, total utility is valued at
A) $30, consumer expenditure is $20, and consumer surplus is $10
B) $26, consumer expenditure is $20, and consumer surplus is $6
C) $20, consumer expenditure is $20, and consumer surplus is $0
D) $30, consumer expenditure is $4, and consumer surplus is $26
E) $20, consumer expenditure is $4, and consumer surplus is $16
Correct Answer:

Verified
Correct Answer:
Verified
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