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

question 19

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.How much consumer surplus accrues to Anna and Clem individually?

• A) $125 and $20 respectively
• B) $105 and $30 respectively
• C) $85 and $40 respectively
• D) $65 and $50 respectively

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Unstructured Personal

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