Assume the market price for lemon grass is $4.00 per pound, but most buyers are willing to pay more than the market price.At the market price of $4.00, the quantity of lemon grass demanded is 1,500 pounds per month, and quantity demanded does not reach zero until the price reaches $30.00 per pound.Construct a graph showing this data, calculate the total consumer surplus in the market for lemon grass, and show the consumer surplus on the graph.

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The Answer of Assume the market price for lemon grass is $4.00 per pound, but most buyers are willing to pay more than the market price.At the market price of $4.00, the quantity of lemon grass demanded is 1,500 pounds per month, and quantity demanded does not reach zero until the price reaches $30.00 per pound.Construct a graph showing this data, calculate the total consumer surplus in the market for lemon grass, and show the consumer surplus on the graph.

Assume the Market Price for Lemon Grass Is $4