Figure 9.3
-Refer to Figure 9.3. If the market is in equilibrium, the consumer surplus earned by the buyer of the 100th unit is
A) $0.50.
B) $0.75.
C) $1.50.
D) $2.00.
E) $2.75.

Question

Figure 9.3
-Refer to Figure 9.3. If the market is in equilibrium, the consumer surplus earned by the buyer of the 100th unit is
A) $0.50. 
B) $0.75. 
C) $1.50. 
D) $2.00. 
E) $2.75.

Quizplus · Accepted Answer

The Answer of  Figure 9.3
-Refer to Figure 9.3. If the market is in equilibrium, the consumer surplus earned by the buyer of the 100th unit is
A) $0.50. 
B) $0.75. 
C) $1.50. 
D) $2.00. 
E) $2.75.

Figure 9.3 -Refer to Figure 9.3. If the Market Is in Equilibrium