Multiple Choice
Phil and Lasca have always wanted to take a cruise.Although willing to pay $5,000 for a Caribbean cruise for two, they were able to purchase a cruise vacation for two for $3,500.Their total consumer surplus amounted to:
A) $750.
B) $5,000.
C) $1,500.
D) $3,500.
E) $0.
Correct Answer:
Verified
Correct Answer:
Verified
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