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

question 71

Multiple Choice

If Joel buys ten floppy disks, which are worth a total of $30 to him, and he pays $1 a disk, how much consumer surplus does he derive?

• A)$24
• B)$15
• C)$20
• D)$10
• E)$2 from each floppy disk

---

Definitions:

Noir

A genre of film characterized by its dark, cynical tone, moral ambiguity, and visual style that emphasizes shadows and stark lighting contrasts.

Classical Studio Era

Period in Hollywood history, approximately from the 1920s to the 1950s, characterized by films produced and distributed by a few major studios.

Major Motion Pictures

Films produced by large studios with significant budgets, typically featuring well-known actors, and intended for a wide theatrical release.

Middle-management Executive

A professional who manages the day-to-day operations of a company and is responsible for bridging the gap between the executive management and the company's lower-level employees.