Multiple Choice
Suppose the price of a scooter is $200 and Cora Lee is willing to pay $250.Cora Lee's
A) consumer surplus from that scooter is $200.
B) consumer surplus from that scooter is $50.
C) marginal benefit from that scooter is $100.
D) consumer surplus from that scooter is $150.
E) consumer surplus from that scooter is $250.
Correct Answer:
Verified
Correct Answer:
Verified
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