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Based on the Table Below, What Is the Total Amount

Question 78

Multiple Choice

Based on the table below, what is the total amount of consumer surplus assuming this market reaches equilibrium?  Price  Quantity Demanded  Quantity Supplied $1.0071$2.0062$3.0053$4.0044$5.0035$6.0026$7.0017\begin{array}{lcc}\underline{\text { Price } }&\underline{ \text { Quantity Demanded }} & \underline{\text { Quantity Supplied }} \\\$ 1.00 & 7 & 1 \\\$ 2.00 & 6 & 2 \\\$ 3.00 & 5 & 3 \\\$ 4.00 & 4 & 4 \\\$ 5.00 & 3 & 5 \\\$6.00 & 2 & 6 \\\$ 7.00 & 1 & 7\end{array}


A) $1.00
B) $2.00
C) $3.00
D) $7.00
E) $10.00

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