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    Principles of Microeconomics Study Set 10
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    Exam 7: Consumers, Producers, and the Efficiency of Markets
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    Table 7-4 the Numbers in Table 7-1 Reveal the Maximum Willingness to Willingness
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Table 7-4 the Numbers in Table 7-1 Reveal the Maximum Willingness to Willingness

Question 56

Question 56

Multiple Choice

Table 7-4
The numbers in Table 7-1 reveal the maximum willingness to pay for a ticket to a Chicago Cubs vs. St. Louis Cardinal's baseball game at Wrigley Field. Table 7-4 The numbers in Table 7-1 reveal the maximum willingness to pay for a ticket to a Chicago Cubs vs. St. Louis Cardinal's baseball game at Wrigley Field.   -Refer to Table 7-4. If tickets sell for $40 each, then what is the total consumer surplus in the market? A) $90. B) $30. C) $70. D) $110.
-Refer to Table 7-4. If tickets sell for $40 each, then what is the total consumer surplus in the market?


A) $90.
B) $30.
C) $70.
D) $110.

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