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June's Evaluation of Packets of Nacho Chips in Terms of $MU

Question 126

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June's evaluation of packets of nacho chips in terms of $MU is as follows: 1st packet: $4;2nd packet: $3.50;3rd packet: $2.90;4th packet: $2.30;5th packet: $1.60.If the price of nacho chips is $1.50,and June buys 5 packets,calculate her marginal consumer surplus for each packet and the total consumer surplus form all 5.

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MCS:$2.50;...

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