Table 7-8 During the Last Two Days, Chad Purchased a Latte from Latte

Multiple Choice

Table 7-8
During the last two days, Chad purchased a latte from two different stores. The table below shows Chad's willingness to pay on each day and his consumer surplus from each purchase.
-Refer to Table 7-8. The price that Chad paid for a latte on the second day is

A) $0.25 less than the amount he paid on the first day.
B) $1.00 less than the amount he paid on the first day.
C) $1.50 less than the amount he paid on the first day.
D) $0.50 less than the amount he paid on the first day.