Dave's Consumer Surplus on Movie Rentals per Week
(yes,we know no one rents movies anymore,but it makes a good example!)
TABLE 6-2
-Refer to Table 6-2.If Dave rents 5 movies in one week,his total consumer surplus is ________ and the total amount he pays is ________.
A)$5; $25
B)$0; $25
C)$9.50; $5
D)$9.50; $25
E)$10; $25

Question

Dave's Consumer Surplus on Movie Rentals per Week
(yes,we know no one rents movies anymore,but it makes a good example!)
  TABLE 6-2
-Refer to Table 6-2.If Dave rents 5 movies in one week,his total consumer surplus is ________ and the total amount he pays is ________.
A)$5; $25 
B)$0; $25 
C)$9.50; $5 
D)$9.50; $25 
E)$10; $25

Quizplus · Accepted Answer

The Answer of Dave's Consumer Surplus on Movie Rentals per Week
(yes,we know no one rents movies anymore,but it makes a good example!)
  TABLE 6-2
-Refer to Table 6-2.If Dave rents 5 movies in one week,his total consumer surplus is ________ and the total amount he pays is ________.
A)$5; $25 
B)$0; $25 
C)$9.50; $5 
D)$9.50; $25 
E)$10; $25

Dave's Consumer Surplus on Movie Rentals Per Week