Table 7-2

-Refer to Table 7-2.At different market prices,which statement is NOT correct
A)At a price of $9.00, no buyer is willing to purchase the good.
B)At a price of $7.50, the consumer surplus for Laura is $0.50.
C)When the price is $3.00, each person would receive consumer surplus.
D)At a price of $4.00, total consumer surplus in the market will be $8.50.

Question

Table 7-2
 
-Refer to Table 7-2.At different market prices,which statement is NOT correct
A)At a price of $9.00, no buyer is willing to purchase the good. 
B)At a price of $7.50, the consumer surplus for Laura is $0.50. 
C)When the price is $3.00, each person would receive consumer surplus. 
D)At a price of $4.00, total consumer surplus in the market will be $8.50.

Quizplus · Accepted Answer

The Answer of Table 7-2
 
-Refer to Table 7-2.At different market prices,which statement is NOT correct
A)At a price of $9.00, no buyer is willing to purchase the good. 
B)At a price of $7.50, the consumer surplus for Laura is $0.50. 
C)When the price is $3.00, each person would receive consumer surplus. 
D)At a price of $4.00, total consumer surplus in the market will be $8.50.

Table 7-2 -Refer to Table 7-2.At Different Market Prices,which Statement Is NOT