Table 4-2 -Refer to Table 4-2.The Table Above Lists the Highest Prices

question 121

Multiple Choice

Table 4-2

-Refer to Table 4-2.The table above lists the highest prices five consumers are willing to pay for a theater ticket.If the price of one of the tickets is $18,

• A)Anya and Basil will each buy two tickets.
• B)Basil will receive $2 of consumer surplus from buying one ticket.
• C)Anya and Basil receive a total of $26 of consumer surplus from buying one ticket each. No one else will buy a ticket.
• D)Celeste, Dralon, and Esther will receive a total of $34 of consumer surplus since they will buy no tickets.

---

Definitions:

Social Striving

The increase in effort and motivation when individuals work in groups as compared to when they work alone, due to social influences.

Originality

The quality of being novel or unusual, often associated with creative thinking and innovation.

Flexibility

The capacity to be easily modified or adapted to accommodate new conditions or circumstances.

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions.