Use the Following to Answer Question 24 -(Table: Music Downloads)Two Consumers,Eli and Madison,like to Download Songs to Music

question 133

Multiple Choice

Use the following to answer question 24: $$\begin{array}{l}\text { Table: Music Downloads }\\\begin{array} { l c c } \hline \begin{array} { l } \text { Number } \\\text { of Music } \\\text { Downloads }\end{array} & \begin{array} { c } \text { Eli's } \\\text { Willingness } \\\text { to Pay }\end{array} & \begin{array} { c } \text { Madison's } \\\text { Willingness } \\\text { to Pay }\end{array} \\\hline \text { 1st song } & \$ 4.50 & \$ 3.00 \\\text { 2nd song } & 3.50 & 2.00 \\\text { 3rd song } & 2.50 & 1.00 \\\text { 4th song } & 1.50 & 0.50 \\\text { 5th song } & 0.50 & 0.25 \\\hline\end{array}\end{array}$$
-(Table: Music Downloads) Two consumers,Eli and Madison,like to download songs to their iPhones,and the table Music Downloads represents their willingness to pay for each downloaded song.If an individual song can be downloaded for $1.00,what is the total consumer surplus received by these consumers?

• A) $19.25
• B) $18.00
• C) $10.00
• D) $11.00

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Definitions:

Voltage Drop

A decrease in electrical potential along the path of a current flowing through an electric circuit, resulting from the resistance or impedance of the circuit components.

Ohm Resistor

An electronic component with a specified resistance in ohms, used to regulate the flow of electrical current in a circuit.

Post-trip Inspection

A post-trip inspection is a thorough check performed on a vehicle following a trip to identify and fix any issues or potential hazards.

Driver

Pertains to an individual who operates and controls a vehicle, or, in technology, a software component that allows the operating system to communicate with hardware devices.