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Julie Plans to Start a Pet-Sitting Service

Question 31

Multiple Choice


    Julie plans to start a pet-sitting service. She surveyed her neighborhood to determine the demand for this service. Assume that each person surveyed demands only one hour of pet sitting services per period. Table 15-6 above shows a portion of her survey results. -Refer to Table 15-6. If Julie charges $10 per hour, what is the value of the consumer surplus received by Dawn? A)  $2 B)  $10 C)  $12 D)  $22
Julie plans to start a pet-sitting service. She surveyed her neighborhood to determine the demand for this service. Assume that each person surveyed demands only one hour of pet sitting services per period. Table 15-6 above shows a portion of her survey results.
-Refer to Table 15-6. If Julie charges $10 per hour, what is the value of the consumer surplus received by Dawn?


A) $2
B) $10
C) $12
D) $22

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