Use the Following to Answer Questions: Table: Sweetbrand Cheesecakes -(Table: Sweetbrand Cheesecakes) the Table Shows the Maximum Consumer Willingness

question 168

Multiple Choice

Use the following to answer questions: Table: Sweetbrand Cheesecakes $$\begin{array} { l c } \hline \text { Consumer } & \begin{array} { c } \text { Maximum willingness to pay } \\\text { for Sweetbrand cheesecakes }\end{array} \\\hline \text { Frodo } & \$ 11.65 \\\text { Sam } & 17.99 \\\text { Mary } & 12.99 \\\text { Pippin } & 16.75 \\\hline\end{array}$$
-(Table: Sweetbrand Cheesecakes) The table shows the maximum consumer willingness to pay for Sweetbrand cheesecakes. Which of the four consumers receives the smallest consumer surplus, if the market price of the cheesecakes is $12.50 each?

• A) Frodo
• B) Sam
• C) Mary
• D) Pippin

---

Definitions:

Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.

Degree Of Influence

In accounting, it refers to the level of control or impact one entity has over the operating policies of another, potentially through investment or ownership interest.

Strategic Investment

Investments made with a long-term perspective in mind, focusing on achieving broader business objectives rather than immediate financial gain.