Essay
The following table shows David's willingness to pay for ice cream.
(A)Calculate David's marginal benefit from ice cream.
(B)Draw David's individual demand curve for ice cream.
(C)Suppose the price of one gallon of ice cream is $3.How much will David consume,and what is his consumer surplus? Show your answer graphically as well as numerically.
Correct Answer:

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(A)
(B)
(C)
Consumer surplus is the ...View Answer
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Correct Answer:
Verified
(B)
(C)
Consumer surplus is the ...
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