Use the Following to Answer Questions: Table: Willingness to Pay

question 97

Multiple Choice

Use the following to answer questions: Table: Willingness to Pay $$\begin{array} { l c c } \hline { \text { Maximum Willingness to Pay for Good A and Good B } } \\\hline & \text { John } & \text { Mary } \\\hline \text { Good A } & \$ 90 & \$ 35 \\\text { Good B } & \$ 30 & \$ 70 \\\hline\end{array}$$
-(Table: Willingness to Pay) Refer to the table. If the firm were to engage in bundling, total surplus is:

• A) $65.
• B) $50.
• C) $160.
• D) $225.

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Definitions:

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