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Table 7-4 the Numbers in Table 7-1 Reveal the Maximum Willingness to Willingness

Question 54

Multiple Choice

Table 7-4
The numbers in Table 7-1 reveal the maximum willingness to pay for a ticket to a Chicago Cubs vs. St. Louis Cardinal's baseball game at Wrigley Field.
Table 7-4 The numbers in Table 7-1 reveal the maximum willingness to pay for a ticket to a Chicago Cubs vs. St. Louis Cardinal's baseball game at Wrigley Field. -Refer to Table 7-4.If tickets sell for $20 each,then what is the total consumer surplus in the market? A) $5 B) $30 C) $40 D) $75
-Refer to Table 7-4.If tickets sell for $20 each,then what is the total consumer surplus in the market?


A) $5
B) $30
C) $40
D) $75

Correct Answer:

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