John Is Ready to Pay $5 for an Extra Loaf

question 32

Multiple Choice

John is ready to pay $5 for an extra loaf of bread.Because of an ongoing discount in the grocery store,he gets a loaf for $2.After the discount,John's consumer surplus from the purchase is ________.

• A) $2
• B) $2.50
• C) $3
• D) $10

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Definitions:

Meningitis

Meningitis is an inflammation of the protective membranes covering the brain and spinal cord, potentially leading to serious health complications or death, and can be caused by infections or other factors.

Traumatic Brain Injury

Damage to the brain resulting from external mechanical force, such as a blow, jolt, or penetrating injury to the head.

Stroke

Sudden appearance of neurological symptoms as a result of severely reduced blood flow.

Aneurysms

Abnormal bulges or ballooning in the wall of a blood vessel, often in the brain, which can rupture and cause damage.