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 ticket is $50
A)everyone will buy a ticket.
B)consumer surplus will be maximized.
C)Violet's consumer surplus is $2.
D)no one will buy a ticket.

Question

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 ticket is $50
A)everyone will buy a ticket. 
B)consumer surplus will be maximized. 
C)Violet's consumer surplus is $2. 
D)no one will buy a ticket.

Quizplus · Accepted Answer

The Answer of 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 ticket is $50
A)everyone will buy a ticket. 
B)consumer surplus will be maximized. 
C)Violet's consumer surplus is $2. 
D)no one will buy a ticket.

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