(Table: Consumer Surplus and Phantom Tickets) Look at the Table

question 178

Multiple Choice

(Table: Consumer Surplus and Phantom Tickets) Look at the table Consumer Surplus and Phantom Tickets.If the box office price of a ticket to see Phantom of the Opera is $50 and there is no other market for tickets, the total consumer surplus for the five students is:

• A)$100.
• B)$175.
• C)$230.
• D)$240.

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