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Table 4-2 -Refer to Table 4-2.The Table Above Lists the Highest Prices

Question 2

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Table 4-2 -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.

Table 4-2
Table 4-2 -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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