Table 7-18
The following table shows the willingness to pay for a good for the only four consumers in a market.

-Refer to Table 7-18. If the price of the good is $20, how much is the total consumer surplus?

Question

Table 7-18
The following table shows the willingness to pay for a good for the only four consumers in a market.
 
-Refer to Table 7-18. If the price of the good is $20, how much is the total consumer surplus?

Quizplus · Accepted Answer

The Answer of Table 7-18
The following table shows the willingness to pay for a good for the only four consumers in a market.
 
-Refer to Table 7-18. If the price of the good is $20, how much is the total consumer surplus?

Table 7-18 the Following Table Shows the Willingness to Pay for a for a Good