Mark and Rasheed Are at the Bookstore Buying New Calculators

question 31

Multiple Choice

Mark and Rasheed are at the bookstore buying new calculators for the semester.Mark is willing to pay $75 and Rasheed is willing to pay $100 for a graphing calculator.The price for a calculator at the bookstore is $65.How much is Mark's individual consumer surplus?

• A)$10
• B)$25
• C)$35
• D)$75

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