Table 7-9 The Only Four Consumers in a Market Have the Following

Multiple Choice

Table 7-9
The only four consumers in a market have the following willingness to pay for a good:
-Refer to Table 7-9. If there is only one unit of the good available for purchase, and if the buyers bid against each other for the right to purchase it, then the consumer surplus will be

A) $0 or slightly more.
B) $3 or slightly less.
C) $4 or slightly more.
D) $8 or slightly less.