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    Exam 3: Demand, Supply, and the Market Process
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    Table 3-1 Refer to Table 3-1. If the Table Represents the Willingness
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Table 3-1 Refer to Table 3-1. If the Table Represents the Willingness

Question 303

Question 303

Multiple Choice

Table 3-1
Table 3-1   Refer to Table 3-1. If the table represents the willingness to pay of four buyers and the price of the product is $18, then their total consumer surplus is A)  $38. B)  $42. C)  $46. D)  $72.
Refer to Table 3-1. If the table represents the willingness to pay of four buyers and the price of the product is $18, then their total consumer surplus is


A) $38.
B) $42.
C) $46.
D) $72.

Correct Answer:

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