Multiple Choice
Jeanette is willing to pay $100 for the first pair of shoes, $80 for the second pair, $50 for the third, and $30 for the fourth. If shoes cost $50, Jeanette will buy _____ pairs of shoes and her total consumer surplus equals _____.
A) four; $110
B) three; $230
C) three; $80
D) four; $80
Correct Answer:

Verified
Correct Answer:
Verified
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