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Table 4-5 -Refer to Table 4-5. the Table Above Lists the Highest

Question 63

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Table 4-5
Table 4-5 -Refer to Table 4-5. The table above lists the highest prices five consumers are willing to pay for a concert ticket. If the price of one of the tickets is $20, A) everyone will buy a ticket except for Zachary. B) only Violet and Walter will buy tickets. C) Xavier's consumer surplus is $50. D) the total consumer surplus from the purchase of tickets will be $122.
-Refer to Table 4-5. The table above lists the highest prices five consumers are willing to pay for a concert ticket. If the price of one of the tickets is $20,


A) everyone will buy a ticket except for Zachary.
B) only Violet and Walter will buy tickets.
C) Xavier's consumer surplus is $50.
D) the total consumer surplus from the purchase of tickets will be $122.

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