Table 3-1

Refer to Table 3-1. If the table represents the willingness to pay of four buyers and the price of the product is $18, then their total consumer surplus is
A) $38.
B) $42.
C) $46.
D) $72.

Question

Table 3-1

Refer to Table 3-1. If the table represents the willingness to pay of four buyers and the price of the product is $18, then their total consumer surplus is
A) $38. 
B) $42. 
C) $46. 
D) $72.

Quizplus · Accepted Answer

The Answer of Table 3-1

Refer to Table 3-1. If the table represents the willingness to pay of four buyers and the price of the product is $18, then their total consumer surplus is
A) $38. 
B) $42. 
C) $46. 
D) $72.

Table 3-1 Refer to Table 3-1. If the Table Represents the Willingness