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 $20
A) everyone will buy a ticket except for Zachary.
B) only Violet and Walter will buy tickets.
C) Xavier's consumer surplus is $50.
D) the total consumer surplus from the purchase of tickets will be $122.
Correct Answer:
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