Noah Drinks Dr

question 236

Multiple Choice

Noah drinks Dr. Pepper. He can buy as many cans of Dr. Pepper as he wishes at a price of $0.50 per can. On a particular day, he is willing to pay $0.95 for the first can, $0.80 for the second can, $0.60 for the third can, and $0.40 for the fourth can. Assume Noah is rational in deciding how many cans to buy. His consumer surplus is

• A) $0.50.
• B) $0.85.
• C) $1.05.
• D) $1.20.

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Definitions:

Ocean Dumping

refers to the disposal of waste materials into the ocean, including pollutants like plastics, industrial waste, and radioactive materials, which can severely affect marine life and ecosystems.

Sewage Sludge

A semi-solid byproduct from the treatment processes of municipal wastewater, containing both nutrients and contaminants and is often repurposed as fertilizer.

Industrial Waste

The by-products and waste materials produced by industrial activities, which can be hazardous to the environment and human health if not properly managed.

Seabirds

Birds that are adapted to life mainly within the marine environment, including gulls, albatrosses, and penguins, often with webbed feet or wings adapted for swimming.