Multiple Choice
Table 7-6
During the last two days, Harry purchased a latte from two different stores. The table below shows Harry's willingness to pay on each day and his consumer surplus from each purchase.
-Refer to Table 7-6. The price that Harry paid for a latte on the first day is
A) $3.5.
B) $5.
C) $0.
D) $5.5.
Correct Answer:
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