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-Refer to Figure 5-1

Question 23

Multiple Choice

-Refer to Figure 5-1. If the market price is $1.00, what is the consumer surplus on the third burrito? A) $0.50 B) $1.00 C) $1.50 D) $7.50
-Refer to Figure 5-1. If the market price is $1.00, what is the consumer surplus on the third burrito?


A) $0.50
B) $1.00
C) $1.50
D) $7.50

Correct Answer:

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