Solved

The Following Table Shows the Marginal Benefit That Marcus Derives

Question 15

Multiple Choice

The following table shows the marginal benefit that Marcus derives by consuming different quantities of hotdog and soda. The price of a hotdog is $3, and the price of a soda is $1.
The following table shows the marginal benefit that Marcus derives by consuming different quantities of hotdog and soda. The price of a hotdog is $3, and the price of a soda is $1.    -Refer to the table above.If Marcus consumes 2 hotdogs and 2 sodas,not necessarily his optimal choice,how much consumer surplus is he enjoying? A)  $43 B)  $49 C)  $8 D)  $24
-Refer to the table above.If Marcus consumes 2 hotdogs and 2 sodas,not necessarily his optimal choice,how much consumer surplus is he enjoying?


A) $43
B) $49
C) $8
D) $24

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions