Suppose Katie,Kendra,and Kristen Each Purchase a Particular Type of Cell

question 8

Multiple Choice

Suppose Katie,Kendra,and Kristen each purchase a particular type of cell phone at a price of $80.Katie's willingness to pay was $100,Kendra's willingness to pay was $95,and Kristen's willingness to pay was $80.Which of the following statements is correct?

• A)For the three individuals together,consumer surplus amounts to $35.
• B)Having bought the cell phone,Kristen is better off than she would have been had she not bought it.
• C)Had the price of the cell phone been $95 rather than $80,Katie and Kendra definitely would have been buyers and Kristen definitely would not have been a buyer.
• D)The fact that all three individuals paid $80 for the same type of cell phone indicates that each one placed the same value on that cell phone.

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Definitions:

Trauma Clients

Individuals seeking therapy or counseling services due to experiences of significant psychological trauma, requiring specialized approaches and care.

Wide Spectrum

Refers to a broad range or variety of something, often used in the context of frequencies, activities, or ideas.

Capacity Of Clients

The ability of clients to understand, engage in, and benefit from therapy or counseling services.

Deal With Trauma

Approaches and therapeutic practices aimed at helping individuals cope with and recover from traumatic experiences.