Multiple Choice
Table 7-1
-Refer to Table 7-1. If the market price is $105,
A) Calvin's consumer surplus is $45 and total consumer surplus is $85.
B) Sam's consumer surplus is $30 and total consumer surplus is $90.
C) Andrew's consumer surplus is $15 and total consumer surplus is $67.50.
D) Lori's consumer surplus is -$2 and total consumer surplus is $100.
Correct Answer:

Verified
Correct Answer:
Verified
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