Use the Following to Answer Question

question 72

Multiple Choice

Use the following to answer question:
-(Table: Consumer Surplus) Use Table: Consumer Surplus.Assume that each student wants to buy one ticket.If the price of a ticket to see The Nutty Nutcracker is $75,Lois's consumer surplus is:

• A)$25.
• B)$60.
• C)$75.
• D)$100.

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Definitions:

Utility

Tools or programs that perform specific tasks designed to manage, analyze, or configure computer resources.

Default Name

A pre-established or automatic name given to a file, folder, or other item when it is first created.

Table1

A default or example name often used for the first table created in a database application.

Table

A structured set of data arranged in rows and columns, facilitating easy storage, retrieval, and manipulation of data.