Multiple Choice
Table 7-6
For each of three potential buyers of apples, the table displays the willingness to pay for the first three apples of the day. Assume Xavier, Yadier, and Zavi are the only three buyers of apples, and only three apples can be supplied per day.
-Refer to Table 7-6. If the market price of an apple is $1.40, then consumer surplus amounts to
A) $0.60.
B) $1.20.
C) $1.40.
D) $3.40
Correct Answer:

Verified
Correct Answer:
Verified
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