Multiple Choice
If I buy 3 cups of coffee, paying $1 for each cup, and I would have been willing to pay up to $3 for the first cup, up to $2 for the second cup, and up to $1 for the third cup, then my consumer surplus is:
A) $6.
B) $5.
C) $3.
D) $2.
E) $1.
Correct Answer:
Verified
Correct Answer:
Verified
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