Multiple Choice
Table 4-4
-Refer to Table 4-4. The table above lists the highest prices three consumers, Curly, Moe, and Larry, are willing to pay for a bottle of champagne. If the price of one of the bottles is $95 dollars, total consumer surplus will be
A) $0.
B) $35.
C) $80.
D) $95.
Correct Answer:
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