Table 12-3

-Refer to Table 12-3.Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing.How much consumer surplus accrues to Anna and Clem individually?
A) $125 and $20 respectively
B) $105 and $30 respectively
C) $85 and $40 respectively
D) $65 and $50 respectively

Question

Table 12-3
 
-Refer to Table 12-3.Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing.How much consumer surplus accrues to Anna and Clem individually?
A) $125 and $20 respectively 
B) $105 and $30 respectively 
C) $85 and $40 respectively 
D) $65 and $50 respectively

Quizplus · Accepted Answer

The Answer of Table 12-3
 
-Refer to Table 12-3.Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing.How much consumer surplus accrues to Anna and Clem individually?
A) $125 and $20 respectively 
B) $105 and $30 respectively 
C) $85 and $40 respectively 
D) $65 and $50 respectively

Table 12-3 -Refer to Table 12-3.Assume That the Price of a Weekend