Multiple Choice
Fitness is a magazine for women about health and exercise. Fitness offers year subscriptions for $12 on their website. Jess, Ania, Mandy, and Chloe exercise together and each enjoy reading Fitness. Jess is willing to pay $10, Ania is willing to pay $16, Mandy is willing to pay $24, and Chloe is willing to pay $12 for a subscription to the magazine. What is the value of Ania's consumer surplus?
A) $4
B) $16
C) $12
D) $6
Correct Answer:
Verified
Correct Answer:
Verified
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