Figure 4-3 Figure 4-3 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-3. If the market price is $3.00, what is Kendra's consumer surplus?
A) $6.50
B) $5.50
C) $2.50
D) $0.50

Question

Figure 4-3  Figure 4-3 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-3. If the market price is $3.00, what is Kendra's consumer surplus?
A) $6.50 
B) $5.50 
C) $2.50 
D) $0.50

Quizplus · Accepted Answer

The Answer of Figure 4-3  Figure 4-3 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-3. If the market price is $3.00, what is Kendra's consumer surplus?
A) $6.50 
B) $5.50 
C) $2.50 
D) $0.50

Figure 4-3 Figure 4-3 Shows Kendra's Demand Curve for Ice