Table 12-3 -Refer to Table 12-3.Assume That the Price of a Weekend

question 442

Multiple Choice

Table 12-3

-Refer to Table 12-3.Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing.What is the value of the surplus that accrues to all four skiers from their weekend trip?

• A) $75
• B) $105
• C) $185
• D) $215

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Ensures Concise

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