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Question 34

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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 and there is no other market for tickets, total consumer surplus for the five students is: A)  $105. B)  $130. C)  $270. D)  $320.
-(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 and there is no other market for tickets, total consumer surplus for the five students is:


A) $105.
B) $130.
C) $270.
D) $320.

Correct Answer:

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