If Joel Buys Ten Floppy Disks, Which Are Worth a Total

question 84

Multiple Choice

If Joel buys ten floppy disks, which are worth a total of $30 to him, and he pays $1 per disk, his consumer surplus is:​

• A)$24.
• B)$15.
• C)$20.
• D)$10.
• E)$30.

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Definitions:

High Quality Internship

An internship experience that provides meaningful, practical work experience, and learning opportunities in a professional setting.

Organizational Meaning

The shared understanding and significance of a company's purpose, values, and work among its members.

Marginality

The state of being marginalized or placed in a position of insignificant importance within a society or group.

Staff Members

Individuals employed by an organization or institution who contribute to its operations and services.