Multiple Choice
If Joel buys ten floppy disks, which are worth a total of $30 to him, and he pays $1 per disk, his consumer surplus is:
A) $24.
B) $15.
C) $20.
D) $10.
E) $30.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: Consumer tastes and preferences _<br>A)are determined solely
Q81: A consumer's utility is maximized when the
Q82: If total utility can be increased by
Q85: Suppose Jason's marginal utility of the $50-per-serving
Q86: Mark's marginal utility of a third waffle
Q87: Total utility is the:<br>A)sum of all marginal
Q119: Suppose Shawn dines at a restaurant that
Q121: The law of diminishing marginal utility explains
Q170: Fred truthfully tells a car dealer that
Q192: Different people may have different tastes,but their