Multiple Choice
Table 4-5
-Refer to Table 4-5. The table above lists the highest prices five consumers are willing to pay for a concert ticket. If the price of one of the tickets is $20,
A) everyone will buy a ticket except for Zachary.
B) only Violet and Walter will buy tickets.
C) Xavier's consumer surplus is $50.
D) the total consumer surplus from the purchase of tickets will be $122.
Correct Answer:

Verified
Correct Answer:
Verified
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