Multiple Choice
Table 7-3
The only four consumers in a market have the following willingness to pay for a good:
-Refer to Table 7-3. Who experiences the largest loss of consumer surplus when the price of the good increases from $20 to $22?
A) Quilana
B) Wilbur
C) Ming-la
D) All three buyers experience the same loss of consumer surplus.
Correct Answer:

Verified
Correct Answer:
Verified
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