Sam has determined that his demand for the new energy drink Brawndo is characterized by the following schedule:

If the market price of Brawndo is $4 per can,Sam's total willingness to pay for the 6 cans he purchases is ________.
A) $42
B) $39
C) $18
D) $15

Question

Sam has determined that his demand for the new energy drink Brawndo is characterized by the following schedule:

If the market price of Brawndo is $4 per can,Sam's total willingness to pay for the 6 cans he purchases is ________.
A) $42 
B) $39 
C) $18 
D) $15

Quizplus · Accepted Answer

According to the demand schedule, if the market price is $4, Sam will purchase 6 cans of Brawndo. Therefore, his total willingness to pay for those 6 cans would be $6 + $6 + $6 + $5 + $5 + $5 = $33. Therefore, the closest option to this value is choice B, which is $39.

Sam Has Determined That His Demand for the New Energy