Suppose the Price of a Scooter Is $200 and Cora

question 65

Multiple Choice

Suppose the price of a scooter is $200 and Cora Lee is willing to pay $250.Cora Lee's

• A) consumer surplus from that scooter is $200.
• B) consumer surplus from that scooter is $50.
• C) marginal benefit from that scooter is $100.
• D) consumer surplus from that scooter is $150.
• E) consumer surplus from that scooter is $250.