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

Question 8

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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 concert ticket.If the price of one of the tickets is $36 A) Violet and Walter will each buy two tickets. B) Walter will receive $4 of consumer surplus from buying one ticket. C) Violet and Walter receive a total of $52 of consumer surplus from buying one ticket each.No one else will buy a ticket. D) Xavier,Yolanda,and Zachary will receive a total of $68 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 concert ticket.If the price of one of the tickets is $36


A) Violet and Walter will each buy two tickets.
B) Walter will receive $4 of consumer surplus from buying one ticket.
C) Violet and Walter receive a total of $52 of consumer surplus from buying one ticket each.No one else will buy a ticket.
D) Xavier,Yolanda,and Zachary will receive a total of $68 of consumer surplus since they will buy no tickets.

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