Table 8-3
Julie plans to start a pet-sitting service. She surveyed her neighbourhood to determine the demand for this service. Assume that each person surveyed demands only one hour of pet sitting services per period. Table 8-3 above shows a portion of her survey results.
-Refer to Table 8-3.If Julie charges $10 per hour,what is the value of the consumer surplus received by Dawn?

Question

Table 8-3
  Julie plans to start a pet-sitting service. She surveyed her neighbourhood to determine the demand for this service. Assume that each person surveyed demands only one hour of pet sitting services per period. Table 8-3 above shows a portion of her survey results.
-Refer to Table 8-3.If Julie charges $10 per hour,what is the value of the consumer surplus received by Dawn?

Quizplus · Accepted Answer

The Answer of Table 8-3
  Julie plans to start a pet-sitting service. She surveyed her neighbourhood to determine the demand for this service. Assume that each person surveyed demands only one hour of pet sitting services per period. Table 8-3 above shows a portion of her survey results.
-Refer to Table 8-3.If Julie charges $10 per hour,what is the value of the consumer surplus received by Dawn?

Table 8-3 Julie Plans to Start a Pet-Sitting Service. She