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    Business
  3. Study Set
    Economics for Business
  4. Exam
    Exam 6: Demand and the Consumer
  5. Question
    You Would Be Willing to Pay a Maximum of £50
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You Would Be Willing to Pay a Maximum of £50

Question 49

Question 49

Multiple Choice

You would be willing to pay a maximum of £50 to attend a concert, and you can buy a ticket for£30. Your consumer surplus is


A) - £20
B) £30
C) £20
D) £10
E) £80

Correct Answer:

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