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Table 4-D
Miles Demands Jazz CDs According to the Following

Question 12

Multiple Choice

Table 4-D
Miles demands jazz CDs according to the following demand schedule:
 Price af jazz CDs  Qurantity of jazz CDs $301$252$203$154$105\begin{array} { c c } \text { Price af jazz CDs } & \text { Qurantity of jazz CDs } \\\$ 30 & 1 \\\$ 25 & 2 \\\$ 20 & 3 \\\$ 15 & 4 \\\$ 10 & 5\end{array}
-Refer to Table 4-D.If in the schedule, consumer surplus equals $5, the market price of a jazz CD is:


A) $10.
B) $15.
C) $20.
D) $25.
E) $30.

Correct Answer:

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