-The Figure Above Shows Clara's Demand for CDs

question 394

Multiple Choice

-The figure above shows Clara's demand for CDs. The price for a CD is $15. Which statement is true?

• A) When Clara buys 6 CDs, she receives $15 of consumer surplus on her 6th CD.
• B) When Clara buys 6 CDs, she receives a total of $15 of consumer surplus.
• C) When Clara buys 6 CDs, she receives a total of $30 of consumer surplus.
• D) When Clara buys 6 CDs, she receives a total of $45 of consumer surplus.

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Definitions:

Acidity

A measure of the concentration of hydrogen ions in a solution, reflecting how acidic or basic the solution is.

Mangrove Trees

A group of trees and shrubs that live in the coastal intertidal zone, playing a crucial role in protecting shorelines and supporting marine life.

Tropical Coastal

Pertaining to the warm, moist regions near the equator that are adjacent to the sea.