Refer to Figure 4.4.2 above. The consumer surplus derived from pizza consumption is:

A) $1500.
B) $2000.
C) $3000.
D) $3500.

Question

Refer to Figure 4.4.2 above. The consumer surplus derived from pizza consumption is:A)  $1500.B)  $2000.C)  $3000.D)  $3500.

Mohammad Qtaishat · Accepted Answer

Final Answer : A, Explanation :  The consumer surplus is the area between the demand curve and the price level up to the quantity consumed. Based on the information provided, the consumer surplus is calculated to be $1500.

Refer to Figure 4.4.2 above. The consumer surplus derived from pizza consumption is:

A) $1500.
B) $2000.
C) $3000.
D) $3500.

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Learning Objectives

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