Justin Purchased a Polar Express Train Set from Lionel Trains

question 98

Multiple Choice

Justin purchased a Polar Express train set from Lionel Trains. He paid $240 for the set and received consumer surplus of $125. What was Justin's willingness to pay for the train set?

• A) $115
• B) $240
• C) $250
• D) $365

---

Definitions:

Group Therapy

A form of psychotherapy involving one or more therapists treating a small group of clients together.

Tranquilizing Drugs

Medications used to reduce tension and anxiety, acting on the central nervous system to calm individuals.

Uncontrollable

Describing events or processes that cannot be managed, directed, or restrained.

Human-Made

Refers to objects, environments, or processes that are created or significantly altered by humans, as opposed to occurring naturally in the environment.