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Reference: Ref 3-1 (Table: Sweetbrand) the Table Shows the Maximum

Question 82

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  Reference: Ref 3-1 (Table: Sweetbrand)  The table shows the maximum consumer willingness to pay for  Sweetbrand  cheesecakes. Which of the four consumers receives the most consumer surplus, if the market price of the cheesecakes is $12.50 each? A)  Frodo B)  Sam C)  Mary D)  Pippin Reference: Ref 3-1 (Table: Sweetbrand) The table shows the maximum consumer willingness to pay for "Sweetbrand" cheesecakes. Which of the four consumers receives the most consumer surplus, if the market price of the cheesecakes is $12.50 each?


A) Frodo
B) Sam
C) Mary
D) Pippin

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