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-Refer to Table 4-2

Question 3

Multiple Choice

-Refer to Table 4-2. The table above lists the highest prices five consumers are willing to pay for a theater ticket. If the price of one of the tickets is $18, A) Anya and Basil will each buy two tickets. B) Basil will receive $2 of consumer surplus from buying one ticket. C) Anya and Basil receive a total of $26 of consumer surplus from buying one ticket each. No one else will buy a ticket. D) Celeste, Dralon, and Esther will receive a total of $34 of consumer surplus since they will buy no tickets.
-Refer to Table 4-2. The table above lists the highest prices five consumers are willing to pay for a theater ticket. If the price of one of the tickets is $18,


A) Anya and Basil will each buy two tickets.
B) Basil will receive $2 of consumer surplus from buying one ticket.
C) Anya and Basil receive a total of $26 of consumer surplus from buying one ticket each. No one else will buy a ticket.
D) Celeste, Dralon, and Esther will receive a total of $34 of consumer surplus since they will buy no tickets.

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