Abraham Drinks Mountain Dew

question 42

Multiple Choice

Abraham drinks Mountain Dew.He can buy as many cans of Mountain Dew as he wishes at a price of $0.55 per can.On a particular day,he is willing to pay $0.95 for the first can,$0.80 for the second can,$0.60 for the third can,and $0.40 for the fourth can.Assume Abraham is rational in deciding how many cans to buy.His consumer surplus is

• A)$0.50.
• B)$0.60.
• C)$0.70.
• D)$1.00.

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Definitions:

Snellen Chart

A tool used in eye examinations to measure visual acuity, consisting of rows of letters decreasing in size.

Jaeger Chart

A visual acuity chart used to test a person's reading and detail vision, often applied in eye exams to detect vision issues.

Ishihara Book

A color vision test book consisting of a series of plates filled with colored dots, used to diagnose red-green color deficiencies.

Pelli-Robson Chart

A tool used in visual examinations to assess contrast sensitivity, featuring a series of letters in progressively lower contrast.