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(Table: Marginal Benefit, Cost, and Consumer Surplus) the Table Marginal

Question 15

Multiple Choice

(Table: Marginal Benefit, Cost, and Consumer Surplus) The table Marginal Benefit, Cost, and Consumer Surplus shows six consumers' willingness to pay (his or her individual marginal benefit) for one iTunes download of a Jack Johnson song.If the marginal social cost is constant at ________, then consumers will purchase this good and consumer
Surplus is _.


A) $4; four; $34
B) $2; five; $36
C) $5; five; $30
D) $2; five; $26

Correct Answer:

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