Two economists from the University of Chicago estimated the benefit households received from subscribing to satellite television. The economists found that
A) one year's benefit to consumers who subscribe to satellite television is about US$2 billion.
B) most consumers of satellite television were not willing to pay more than US$81 per month.
C) the average consumer of satellite television received a marginal benefit equal to US$81.
D) the consumer surplus from cable television exceeded the consumer surplus from satellite television.

Question

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The Answer of Two economists from the University of Chicago estimated the benefit households received from subscribing to satellite television. The economists found that
A) one year's benefit to consumers who subscribe to satellite television is about US$2 billion.
B) most consumers of satellite television were not willing to pay more than US$81 per month.
C) the average consumer of satellite television received a marginal benefit equal to US$81.
D) the consumer surplus from cable television exceeded the consumer surplus from satellite television.

Two Economists from the University of Chicago Estimated the Benefit