The Price of a Hat Is $100

Multiple Choice

The price of a hat is $100. Willie is willing to pay $130, Waylon is willing to pay $100, and Merle is willing to pay $85. All of the following statements are true EXCEPT

A) Only Willie and Waylon will purchase the cowboy hat.
B) The sum of consumer surplus will be $30.
C) Merle's consumer surplus is $15.
D) Willie's consumer surplus is $30.
E) Waylon's consumer surplus is $0.