Figure 4-1 Shows Arnold's Demand Curve for Burritos
Question 14
Question 14
Multiple Choice
Figure 4-1 shows Arnold's demand curve for burritos. -Refer to Figure 4-1. If the market price is $2.00, what is the consumer surplus on the first burrito?
A) $0.50 B) $1.00 C) $2.00 D) $7.50
Correct Answer:
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