Exhibit 7-4 The schedule below shows the prices that a consumer is willing to pay for pounds of shrimp:
Refer to Exhibit 7-4.If the price of shrimp is $12 per pound,according to the schedule total consumer surplus equals:
A) $8.
B) $12.
C) $14.
D) $36.

Question

Exhibit 7-4 The schedule below shows the prices that a consumer is willing to pay for pounds of shrimp:
 Refer to Exhibit 7-4.If the price of shrimp is $12 per pound,according to the schedule total consumer surplus equals:
A) $8. 
B) $12. 
C) $14. 
D) $36.

Quizplus · Accepted Answer

The Answer of Exhibit 7-4 The schedule below shows the prices that a consumer is willing to pay for pounds of shrimp:
 Refer to Exhibit 7-4.If the price of shrimp is $12 per pound,according to the schedule total consumer surplus equals:
A) $8. 
B) $12. 
C) $14. 
D) $36.

Exhibit 7-4 the Schedule Below Shows the Prices That a Consumer