Multiple Choice
Table 12-1
-Refer to Table 12-1. Assume that the price of a white water rafting trip pass is $55 and that the price reflects the actual unit cost of the trip. How much consumer surplus accrues to Ken and Alex individually?
A) $65 and $95 respectively
B) $95 and $65 respectively
C) $95 and $35 respectively
D) $65 and $35 respectively
Correct Answer:

Verified
Correct Answer:
Verified
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