Solved

Adie Wants to Take Some Online Classes This Semester

Question 139

Multiple Choice

Adie wants to take some online classes this semester.She is willing to pay $1,000 for the first class, $800 for the second, $700 for the third, and $500 for the fourth.If online classes cost $750, Adie will take ________ online classes and her consumer surplus will equal _.


A) 3; $350
B) 4; $600
C) 2; $400
D) 2; $300

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q134: A competitive market for cell phone chargers

Q135: If the price is above the equilibrium

Q136: Figure: The Gains from Trade<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg"

Q137: Figure: Producer Surplus<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt="Figure: Producer

Q138: Figure: The Market for Sandwiches<br>(Figure: The Market

Q140: (Table: Consumer Surplus) Look at the table

Q141: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt=" (Table:

Q142: Figure: Consumer Surplus II<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt="Figure:

Q143: Figure: Producer Surplus III<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt="Figure:

Q144: Total surplus is:<br>A.the difference between price and