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Table 4-2 -Refer to Table 4-2.The Table Above Lists the Highest Prices

Question 194

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Table 4-2
Table 4-2    -Refer to Table 4-2.The table above lists the highest prices five consumers are willing to pay for a theater ticket.If the price of one ticket rises from $10 to $19, A) only three tickets will be sold. B) consumer surplus decreases from $31 to $6. C) consumer surplus increases from $44 to $71. D) no one will buy a ticket.
-Refer to Table 4-2.The table above lists the highest prices five consumers are willing to pay for a theater ticket.If the price of one ticket rises from $10 to $19,


A) only three tickets will be sold.
B) consumer surplus decreases from $31 to $6.
C) consumer surplus increases from $44 to $71.
D) no one will buy a ticket.

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