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Table 7-1
This Table Refers to Five Possible Buyers' Willingness

question 94

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Table 7-1
This table refers to five possible buyers' willingness to pay for good Z.  Buyer  Willingness to pay ( $ )   Cassie 15.00 Jamie 11.00 John 9.50 Jeremy 6.00 Sarah 4.50\begin{array}{|c|c|}\hline \text { Buyer } & \text { Willingness to pay ( } \$ \text { ) } \\\hline \text { Cassie } & 15.00 \\\hline \text { Jamie } & 11.00 \\\hline \text { John } & 9.50 \\\hline \text { Jeremy } & 6.00 \\\hline \text { Sarah } & 4.50 \\\hline\end{array}
-Refer to Table 7-1.If the market price is $6.00, the consumer surplus in the market will be:


Definitions:

Recessive

Describing a gene that is expressed in the phenotype only when two copies of the gene (one from each parent) are present.

Color-Blindness

A visual condition where an individual has difficulty distinguishing between certain colors, typically involving reds, greens, and blues.

X Chromosome

One of the two sex chromosomes, XX typically resulting in female characteristics and XY in male, playing a crucial role in genetic determination of sex.

Y Chromosome

A sex chromosome found in males, typically paired with an X chromosome, determining male biological characteristics.

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