Jeanette Is Willing to Pay $100 for the First Pair

question 211

Multiple Choice

Jeanette is willing to pay $100 for the first pair of shoes, $80 for the second pair, $50 for the third, and $30 for the fourth. If shoes cost $50, Jeanette will buy _____ pairs of shoes and her total consumer surplus equals _____.

• A) four; $110
• B) three; $230
• C) three; $80
• D) four; $80

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Definitions:

Engineering Principles

Fundamental guidelines that inform and support the problem-solving, design, and development processes within various fields of engineering.

Zone of Proximal Development

A concept developed by Lev Vygotsky referring to the difference between what a learner can do without help and what they can achieve with guidance and encouragement from a skilled partner.

Horizontal Décalage

The concept in developmental psychology indicating variations in a child's understanding and application of knowledge across different domains or tasks.

Bio-social-behavioral Shift

A change in biological, social, and behavioral aspects of an individual, often associated with development or adaptation to environments.