If the Most Someone Is Willing to Pay for an Airline

question 36

Multiple Choice

If the most someone is willing to pay for an airline ticket to Las Vegas is $300 and the market price of the ticket is $200, then this buyer will get consumer surplus of

• A) $100.
• B) $200.
• C) $300.
• D) $500.

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Definitions:

Monozygotic Twin

Identical twins resulting from the division of a single fertilized egg, sharing 100% of their genetic material.

Dizygotic Twin

Dizygotic Twin, also known as fraternal twin, results from two different eggs fertilized by two different sperms, leading to genetically distinct siblings born at the same time.

Homosexual Orientation

A sexual orientation characterized by a romantic or sexual attraction towards individuals of the same sex.

Brother

A male sibling with whom one shares one or both parents.