Use the following to answer question:
-(Table: Marginal Benefit,Cost,and Consumer Surplus)Use Table: Marginal Benefit,Cost,and Consumer Surplus.The table shows six consumers' willingness to pay for one iTunes download.If the marginal social cost is constant at _____,then _____ consumers will purchase this good,and consumer surplus is _____.
A)$6;three;$13
B)$3.50;four;$20
C)$11;two;$22
D)$40;zero;-$37

Question

Use the following to answer question: 
-(Table: Marginal Benefit,Cost,and Consumer Surplus)Use Table: Marginal Benefit,Cost,and Consumer Surplus.The table shows six consumers' willingness to pay for one iTunes download.If the marginal social cost is constant at _____,then _____ consumers will purchase this good,and consumer surplus is _____.
A)$6;three;$13 
B)$3.50;four;$20 
C)$11;two;$22 
D)$40;zero;-$37

Quizplus · Accepted Answer

With a constant marginal social cost of $3.50, four consumers (Consumer 1-4) will purchase the good, resulting in a consumer surplus of $20 ($35 - $15). This is the only option where consumer surplus is positive and the number of consumers purchasing the good is greater than zero.

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