Table 7-1

-Refer to Table 7-1.If the table represents the willingness to pay of four buyers and the price of the product is $18,then their total consumer surplus is
A)$38.
B)$42.
C)$46.
D)$72.

Question

Table 7-1
 
-Refer to Table 7-1.If the table represents the willingness to pay of four buyers and the price of the product is $18,then their total consumer surplus is
A)$38. 
B)$42. 
C)$46. 
D)$72.

Quizplus · Accepted Answer

The Answer of Table 7-1
 
-Refer to Table 7-1.If the table represents the willingness to pay of four buyers and the price of the product is $18,then their total consumer surplus is
A)$38. 
B)$42. 
C)$46. 
D)$72.

Table 7-1 -Refer to Table 7-1.If the Table Represents the Willingness to Represents