Juanita purchased a Polar Express train set from Lionel Trains. She paid $240 for the set and received consumer surplus of $125. What was Juanita's willingness to pay for the train set?
A) $115
B) $240
C) $125
D) $365

Question

Quizplus · Accepted Answer

Juanita's willingness to pay is the sum of what she actually paid ($240) and her consumer surplus ($125), which totals $365.

Juanita Purchased a Polar Express Train Set from Lionel Trains