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Question 101

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Use the following to answer questions: Use the following to answer questions: -(Table: Consumer Surplus) Look at the table Consumer Surplus. Assume that each student wants to buy one ticket. If the price of a ticket to see The Nutty Nutcracker is $50, Narum's consumer surplus is: A) $60. B) $50. C) $15. D) $240.
-(Table: Consumer Surplus) Look at the table Consumer Surplus. Assume that each student wants to buy one ticket. If the price of a ticket to see The Nutty Nutcracker is $50, Narum's consumer surplus is:


A) $60.
B) $50.
C) $15.
D) $240.

Correct Answer:

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