Table 7-4 the Numbers in Table 7-1 Reveal the Maximum Willingness to Willingness

question 244

Short Answer

Table 7-4
The numbers in Table 7-1 reveal the maximum willingness to pay for a ticket to a Chicago Cubs vs. St. Louis Cardinal's baseball game at Wrigley Field.
-Refer to Table 7-4. If tickets sell for $40 each, then what is the total consumer surplus in the market?
A) $30.
A) $90.
B) $70.
D) $110.

• A) $30.
• A) $90.
• B) $70.
• D) $110.

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