Which of the Following Would Lead to the Creation of Some

question 87

Multiple Choice

Which of the following would lead to the creation of some consumer surplus?

• A) Sam refuses to pay $10 for a haircut because it is only worth $8 to him.
• B) Fred buys a car for $4000, the maximum amount that he would be willing to pay for it.
• C) Danette pays $30 a month for phone service, but it is worth $70 to her.
• D) When Florence purchases a candy bar for 50 cents, she uses a $20 bill to pay for it.

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Definitions:

Inventory Purchases

The act of buying products or goods to be sold or used in the production process by a company.