Multiple Choice
Figure 4-3 Figure 4-3 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-3. If the market price is $2.50, what is the consumer surplus on the first ice cream cone?
A) $0.50
B) $1.00
C) $3.50
D) $9.00
Correct Answer:

Verified
Correct Answer:
Verified
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Q383: Figure 4-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Figure 4-3
Q385: Figure 4-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Figure 4-4
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Q389: Figure 4-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Figure 4-5