Table 16-1
Julie plans to start a pet-sitting service.She surveyed her neighborhood to determine the demand for this service.Assume that each person surveyed demands only one hour of pet sitting services per period.Table 16-1 below shows a portion of her survey results.
-Refer to Table 16-1.If Julie charges $10 per hour,what is the value of the consumer surplus received by Dawn?
A) $2
B) $10
C) $12
D) $22
Correct Answer:
Verified
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