If You Are Willing to Pay $8 for a $6

question 87

Multiple Choice

If you are willing to pay $8 for a $6 burrito, what is your consumer surplus if you buy it?

• A) $8
• B) $2
• C) $0
• D) $6

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Definitions:

Layer

In graphic design and computer graphics, a layer is a separate level on which elements or adjustments can be placed and manipulated independently of elements on other levels.

Rightmost Cell

The rightmost cell in a spreadsheet or table refers to the cell located furthest to the right within a specific row.

Enter Key

The Enter Key is a keyboard button used to signal the end of a line of text, submit commands or data, or create space within documents.

Tab Key

A key on a keyboard used to create indents in text documents or navigate between selectable items in various types of software.