Figure 4-3 Figure 4-3 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-3. If the market price is $3.00, what is the consumer surplus on the second ice cream cone?
A) $0
B) $0.50
C) $3.00
D) $5.50

Question

Figure 4-3  Figure 4-3 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-3. If the market price is $3.00, what is the consumer surplus on the second ice cream cone?
A) $0 
B) $0.50 
C) $3.00 
D) $5.50

Quizplus · Accepted Answer

The Answer of Figure 4-3  Figure 4-3 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-3. If the market price is $3.00, what is the consumer surplus on the second ice cream cone?
A) $0 
B) $0.50 
C) $3.00 
D) $5.50

Figure 4-3 Figure 4-3 Shows Kendra's Demand Curve for Ice