Use the following to answer question: 
-(Table: Consumer Surplus and Phantom Tickets) The table Consumer Surplus and Phantom Tickets shows each student's willingness to pay for a Phantom of the Opera ticket.Assume that each student wants to buy one ticket.If the box office price of a ticket to see Phantom of the Opera is $130 and there is no other market for tickets,the total consumer surplus for the five students is:
Definitions:
Customer Objections
Concerns or reasons potential buyers offer to avoid making a purchase decision, which need to be understood and addressed by sales personnel.
Personal-Selling Process
A series of stages a salesperson goes through to persuade a customer to make a purchase, including prospecting and follow-up.
Benefits
In the FAB sales approach, individual values attached to the advantages offered by various product features.
Delivery Salespeople
Sales representatives whose chief role is product delivery; sometimes called route salespeople.
Q1: If there is an increase in supply,
Q18: (Figure: Consumer and Producer Surplus) Look at
Q84: (Table: Market for Pizza) If income changes
Q98: If the income elasticity of demand for
Q101: Licenses allowing taxis to operate issued by
Q114: Which situation would most likely cause a
Q116: (Figure: Consumer Surplus II) Look at the
Q132: Christine has a linear demand curve for
Q144: A major input into vanilla ice cream
Q183: Prices are important economic signals because they