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Fred's Demand Schedule for Movie DVDs Is as Follows: at $60

Question 49

Multiple Choice

Fred's demand schedule for movie DVDs is as follows: At $60, he would buy 1; at $50, he would buy two; at $30, he would buy 3; and at $20, he would buy 4. If the price of movie DVDs equals $40, the consumer surplus Fred receives from purchasing movie DVDs would be:


A) ​$20.
B) ​$30.
C) ​$40.
D) ​$110.

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