I
irethsword
Guest
Suppose that the individual demand curve for football tickets is given by:
Qd = 6 - P/20
and the price of football tickets is $40.
Suppose that if you want to buy ANY game tickets, you are forced to buy all 6 tickets at $40 each. What is the consumer surplus of the individual?
A) 30
B) 60
C) 90
D) 120
Qd = 6 - P/20
and the price of football tickets is $40.
Suppose that if you want to buy ANY game tickets, you are forced to buy all 6 tickets at $40 each. What is the consumer surplus of the individual?
A) 30
B) 60
C) 90
D) 120