If Rosa is willing to pay $450 for hockey tickets and has consumer surplus of $175, the price of the tickets is $625.

Name: If Rosa is willing to pay $450 for hockey tickets and has consumer surplus of $175, the price of the tickets is $625.
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Quizplus · Accepted Answer

Consumer surplus is the difference between what a consumer is willing to pay and what they actually pay. Therefore, if Rosa is willing to pay $450 and has a consumer surplus of $175, she paid $450 - $175 = $275 for the tickets.

If Rosa Is Willing to Pay $450 for Hockey Tickets