Multiple Choice
The price of strawberries decreases from $4.10 to $2.50 per pound. When this happens, the amount of strawberries sold increases from 550 pounds to 600 pounds. What is the value of the gain in consumer surplus that occurred?
A) $880
B) $40
C) $920
D) $840
Correct Answer:
Verified
Correct Answer:
Verified
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