Use the following to answer questions:
-(Table: Consumer Surplus) Look at the table Consumer Surplus. Assume that each student wants to buy one ticket. If the price of a ticket to see The Nutty Nutcracker is $50 and there is no other market for tickets, total consumer surplus for the five students is:
A) $105.
B) $130.
C) $270.
D) $320.

Question

Use the following to answer questions: 
-(Table: Consumer Surplus) Look at the table Consumer Surplus. Assume that each student wants to buy one ticket. If the price of a ticket to see The Nutty Nutcracker is $50 and there is no other market for tickets, total consumer surplus for the five students is:
A) $105. 
B) $130. 
C) $270. 
D) $320.

Quizplus · Accepted Answer

The Answer is A

Use the Following to Answer Questions