If Jaime is willing to pay $8 for a movie ticket and the theater charges her only $4 for 2 movie tickets,her consumer surplus for each movie ticket is equal to $4.

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Quizplus · Accepted Answer

Consumer surplus is the difference between what a consumer is willing to pay and what they actually pay. Jaime is willing to pay $8 for a movie ticket but pays only $4 for 2 tickets, making the price per ticket $2. Therefore, her consumer surplus per ticket is $6 ($8 - $2).

If Jaime Is Willing to Pay $8 for a Movie