Alice Is Willing to Pay $3 for the Second Slice

question 51

Multiple Choice

Alice is willing to pay $3 for the second slice of pizza she eats. The price she pays is $2. Alice's consumer surplus for this slice of pizza equals

• A) $0.
• B) $3.
• C) $1.
• D) $2.

---

Definitions:

Bacon's Rebellion

A 1676 revolt led by Nathaniel Bacon against the colonial government in Virginia, reflecting the social tensions between frontier settlers and the colonial elite.

Virginia Landowners

Individuals or entities that hold ownership rights over land in the state of Virginia, historically significant for their role in agricultural production, especially tobacco, and political leadership in early U.S. history.

Albemarle Region

A historical, culturally rich area in northeastern North Carolina, known for its early settlement and development during the colonial period.