The table below shows how much five consumers are willing to pay for Taco House's specialty taco. Each person is willing to consume 2 tacos at the most. If the price of the taco was set at $4.60, what...


The table below shows how much five consumers are willing to pay for Taco<br>House's specialty taco. Each person is willing to consume 2 tacos at the most. If<br>the price of the taco was set at $4.60, what would the total consumer surplus be<br>for these five people?<br>Willingness to Pay<br>For the 1st For the<br>Consumer<br>Taco<br>2nd Taco<br>Harriet<br>$6.50<br>$4.95<br>Larry<br>$5.00<br>$4.50<br>Mayra<br>$5.75<br>$4.85<br>Shelly<br>$4.75<br>$4.00<br>Tim<br>$5.50<br>$4.25<br>Select one:<br>O a. $4.05<br>O b. $3.65<br>O c. $4.50<br>O d. $3.95<br>e. $4.00<br>O f. $4.25<br>O g. I'll take 2 Points<br>O h. $5.10<br>

Extracted text: The table below shows how much five consumers are willing to pay for Taco House's specialty taco. Each person is willing to consume 2 tacos at the most. If the price of the taco was set at $4.60, what would the total consumer surplus be for these five people? Willingness to Pay For the 1st For the Consumer Taco 2nd Taco Harriet $6.50 $4.95 Larry $5.00 $4.50 Mayra $5.75 $4.85 Shelly $4.75 $4.00 Tim $5.50 $4.25 Select one: O a. $4.05 O b. $3.65 O c. $4.50 O d. $3.95 e. $4.00 O f. $4.25 O g. I'll take 2 Points O h. $5.10

Jun 11, 2022
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