Scenario 8-1 Erin Would Be Willing to Pay as Much as $100

question 96

Multiple Choice

Scenario 8-1
Erin would be willing to pay as much as $100 per week to have her house cleaned. Ernesto's opportunity cost of cleaning Erin's house is $70 per week.
-Refer to Scenario 8-1.If Erin pays Ernesto $80 to clean her house,Erin's consumer surplus is

• A) $80.
• B) $30.
• C) $20.
• D) $10.

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