Multiple Choice
A consumer is willing to pay a maximum of $5 for the first pretzel,$4 for the second pretzel,$3 for the third pretzel,$2 for the fourth pretzel,$1 for the fifth pretzel and nothing for the sixth pretzel.If the price per unit of pretzel is $2,calculate the net benefit to the consumer.
A) $6
B) $14
C) $5
D) $8
Correct Answer:
Verified
Correct Answer:
Verified
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