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    Principles of Economics Study Set 12
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    Exam 5: The Demand Curve and the Behavior of Consumers
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    Suppose That a Consumer's Total Benefit Is $4 for Consuming
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Suppose That a Consumer's Total Benefit Is $4 for Consuming

Question 167

Question 167

Multiple Choice

Suppose that a consumer's total benefit is $4 for consuming one cup of ice cream and $7 for consuming two cups of ice cream. The consumer's willingness to pay for the second cup of ice cream is


A) $0.
B) $3.
C) $4.
D) $7.
E) $11.

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