Figure 4-3 Figure 4-3 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-3. What is the total amount that Kendra is willing to pay for 1 ice cream cone?
A) $0.50
B) $3.50
C) $9.00
D) $13.50

Question

Figure 4-3  Figure 4-3 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-3. What is the total amount that Kendra is willing to pay for 1 ice cream cone?
A) $0.50 
B) $3.50 
C) $9.00 
D) $13.50

Quizplus · Accepted Answer

The total amount Kendra is willing to pay for 1 ice cream cone is the price she values it at, which is $3.50 according to the figure.

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