The Table Below Shows the Total Value (In Dollars) That

question 55

Multiple Choice

The table below shows the total value (in dollars) that Andrew gets from playing 9- hole rounds of golf. $$\begin{array}{l}\begin{array} { | l | l | } \hline \begin{array} { l } \text { Rounds of } \\\text { Golf per } \\\text { Month }\end{array} & \begin{array} { l } \text { Total Value } \\( \$ ) \end{array} \\\hline 0 & 0 \\\hline 1 & 40 \\\hline 2 & 70 \\\hline 3 & 92 \\\hline 4 & 108 \\\hline 5 & 120 \\\hline 6 & 130 \\\hline 7 & 130 \\\hline\end{array}\\\text { TABLE 6- } 3\end{array}$$
-Refer to Table 6- 3. If the price of a 9- hole round of golf is $16, then Andrew's consumer surplus will be

• A) $108.
• B) $16.
• C) $44.
• D) $92.
• E) $310.

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Definitions:

United States

A country located in North America, known for its significant influence on global politics, economics, and culture.

Operations Management

The area of management concerned with designing and controlling the production process and redesigning business operations in the production of goods or services.

Walter Shewhart

A statistician recognized for the development of control charts and being a pioneer in the field of quality control and process improvement.