Figure 4-1 Figure 4-1 Shows Arnold's Demand Curve for Burritos

question 99

Multiple Choice

Figure 4-1

Figure 4-1 shows Arnold's demand curve for burritos.
-Refer to Figure 4-1.If the market price is $1.50, what is the consumer surplus on the first burrito?

• A)$0.50
• B)$1.00
• C)$1.50
• D)$7.50

---

Definitions:

Dollar Sales

Dollar sales refer to the total value of goods or services sold by a company, stated in monetary terms.