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 Dave’s Consumer Surplus on DVD Rentals per Week \text { Dave's Consumer Surplus on DVD Rentals per Week }

Question 103

Multiple Choice

 Dave’s Consumer Surplus on DVD Rentals per Week \text { Dave's Consumer Surplus on DVD Rentals per Week }
 Number of DVDs  rented per week  Amount Dave is willing to  pay to rent this DVD ($)   Dave’s consumer surplus  on each DVD rental if  price is $5 each  lst 10.00 2nd 8.00 3rd 6.50 4th 5.50 5th 5.00 6th 4.50 7th 4.25\begin{array}{|c|c|l|}\hline \begin{array}{c}\text { Number of DVDs } \\\text { rented per week }\end{array} & \begin{array}{c}\text { Amount Dave is willing to } \\\text { pay to rent this DVD (\$) }\end{array} & \begin{array}{l}\text { Dave's consumer surplus } \\\text { on each DVD rental if } \\\text { price is } \$ 5 \text { each }\end{array} \\\hline \text { lst } & 10.00 \\\hline \text { 2nd } & 8.00 \\\hline \text { 3rd } & 6.50 \\\hline \text { 4th } & 5.50 \\\hline \text { 5th } & 5.00 \\\hline \text { 6th } & 4.50 \\\hline \text { 7th } & 4.25 \\\hline\end{array}
 TABLE 6-2 \text { TABLE 6-2 }
-Refer to Table 6- 2. If Dave rents 3 DVDs in one week, his total consumer surplus is and the total amount he pays is .


A) $24.50; $24.50
B) $19.50; $15.00
C) $9.50; $15.00
D) $6.50; $5.00
E) $5.50; $5.00

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