Lydia enjoys going to the theater to see Broadway musicals.The following demand schedule shows Lydia's willingness to pay for theater tickets in a year. $\begin{array} { c c }
\text { Tickrot Price } & \text { Number af Tickets } \
\$ 90 & 1 \
\$ 80 & 2 \
\$ 70 & 3 \
\$ 60 & 4 \
\$ 50 & 5 \
\$ 40 & 6
\end{array}$ If the price of tickets to Broadway musicals equals $50, Lydia's consumer surplus will be:
A)$350.
B)$300.
C)$250.
D)$100.
E)$50.

Question

Lydia enjoys going to the theater to see Broadway musicals.The following demand schedule shows Lydia's willingness to pay for theater tickets in a year. $\begin{array} { c c } 
\text { Tickrot Price } & \text { Number af Tickets } \
\$ 90 & 1 \
\$ 80 & 2 \
\$ 70 & 3 \
\$ 60 & 4 \
\$ 50 & 5 \
\$ 40 & 6
\end{array}$ If the price of tickets to Broadway musicals equals $50, Lydia's consumer surplus will be:
A)$350.
B)$300.
C)$250.
D)$100.
E)$50.

Quizplus · Accepted Answer

The Answer of Lydia enjoys going to the theater to see Broadway musicals.The following demand schedule shows Lydia's willingness to pay for theater tickets in a year. $\begin{array} { c c } 
\text { Tickrot Price } & \text { Number af Tickets } \
\$ 90 & 1 \
\$ 80 & 2 \
\$ 70 & 3 \
\$ 60 & 4 \
\$ 50 & 5 \
\$ 40 & 6
\end{array}$ If the price of tickets to Broadway musicals equals $50, Lydia's consumer surplus will be:
A)$350.
B)$300.
C)$250.
D)$100.
E)$50.

Lydia Enjoys Going to the Theater to See Broadway Musicals