Multiple Choice
Table 7-2
-Refer to Table 7-2.At different market prices,which statement is NOT correct
A) At a price of $9.00, no buyer is willing to purchase the good.
B) At a price of $7.50, the consumer surplus for Laura is $0.50.
C) When the price is $3.00, each person would receive consumer surplus.
D) At a price of $4.00, total consumer surplus in the market will be $8.50.
Correct Answer:

Verified
Correct Answer:
Verified
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