Multiple Choice
This table refers to five possible buyers' willingness to pay for a take-away meal. ?
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Refer to the table above. If the market price is €3.80,
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A) David's consumer surplus is €4.70 and total consumer surplus for the five individuals is €9.50.
B) Megan's consumer surplus is €1.70 and total consumer surplus for the five individuals is €9.60.
C) David, Laura, and Megan will be the only buyers of a take-away meal.
D) the demand curve for the take-away meal, taking the five individuals into account, is horizontal.
Correct Answer:

Verified
Correct Answer:
Verified
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