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    Microeconomics Study Set 8
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    Exam 5: Economic Efficiency, Government Price Setting and Taxes
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    Figure 51 Figure 5
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Figure 51 Figure 5

Question 176

Question 176

Multiple Choice

Figure 5.1 Figure 5.1   Figure 5.1 shows Arnold's demand curve for burritos. -Refer to Figure 5.1.If the market price is $1.00, the consumer surplus on the fourth burrito is A) $0 B) $0.50 C) $1.50 D) $2.25 Figure 5.1 shows Arnold's demand curve for burritos.
-Refer to Figure 5.1.If the market price is $1.00, the consumer surplus on the fourth burrito is


A) $0
B) $0.50
C) $1.50
D) $2.25

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