Mr.Noriega paid $700 for each of three suits.Since all of the suits were pleasing to his taste,he would have been willing to pay according to this schedule: $950 for the first suit,$800 for the second suit,and $700 for the third suit.How much was his consumer surplus?
A)$100
B)$150
C)$250
D)$350
E)$700

Question

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The Answer of Mr.Noriega paid $700 for each of three suits.Since all of the suits were pleasing to his taste,he would have been willing to pay according to this schedule: $950 for the first suit,$800 for the second suit,and $700 for the third suit.How much was his consumer surplus?
A)$100
B)$150
C)$250
D)$350
E)$700

MrNoriega Paid $700 for Each of Three Suits