Table 7-2
This table refers to five possible buyers' willingness to pay for a case of Vanilla Coke.
-Refer to Table 7-2. Which of the following is not true?
A)At a price of $9.00, no buyer is willing to purchase Vanilla Coke.
B)At a price of $5.50, Megan is indifferent between buying a case of Vanilla Coke and not buying one.
C)At a price of $4.00, total consumer surplus in the market will be $9.00.
D)All of the above are correct.

Question

Table 7-2
This table refers to five possible buyers' willingness to pay for a case of Vanilla Coke. 
-Refer to Table 7-2. Which of the following is not true?
A)At a price of $9.00, no buyer is willing to purchase Vanilla Coke. 
B)At a price of $5.50, Megan is indifferent between buying a case of Vanilla Coke and not buying one. 
C)At a price of $4.00, total consumer surplus in the market will be $9.00. 
D)All of the above are correct.

Quizplus · Accepted Answer

All the statements provided are correct according to the information given in Table 7-2.

Table 7-2 This Table Refers to Five Possible Buyers' Willingness to Pay