-The Above Figure Shows Dana's Marginal Benefit Curve for Ice

question 129

Multiple Choice

-The above figure shows Dana's marginal benefit curve for ice cream. If the price of ice cream is $2 per gallon and Dana is allowed to buy only 8 gallons of ice cream, then her consumer surplus on the 8th gallon is

• A) $1.
• B) $2.
• C) $3.
• D) $8.

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Definitions:

Working Conditions

The environment, terms, and circumstances under which an individual is employed, including hours, physical aspects, and legal rights.

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The state or fact of having a duty to deal with something or of having control over someone, often linked with accountability.

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Financial incentives given to employees that grant them the right to buy the company's shares at a set price after a certain period of time.