-The figure above shows Diane's demand curve for soda.The price of a soda is $1.00.Diane's total benefit from consuming 15 sodas is
A) $15.00.
B) $26.25.
C) $11.25.
D) $0.
E) None of the above answers is correct.

Question

-The figure above shows Diane's demand curve for soda.The price of a soda is $1.00.Diane's total benefit from consuming 15 sodas is
A) $15.00. 
B) $26.25. 
C) $11.25. 
D) $0. 
E) None of the above answers is correct.

Quizplus · Accepted Answer

The total benefit is the area under the demand curve up to the quantity consumed. If the demand curve is linear and the price is $1.00, the total benefit from consuming 15 sodas can be calculated as the sum of the consumer surplus and the expenditure on sodas.

-The Figure Above Shows Diane's Demand Curve for Soda