(Table: Consumer Surplus and Phantom Tickets) Look at the table Consumer Surplus and Phantom Tickets.If the box office price of a ticket to see Phantom of the Opera is $50 and there is no other market for tickets, the total consumer surplus for the five students is:
A) $100.
B) $175.
C) $230.
D) $240.
Correct Answer:
Verified
Q1: (Table: Consumer Surplus) Look at the table
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A.the
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