(Table: Consumer Surplus) Look at the table Consumer Surplus. Assume that each student wants to b… 1 answer below »

Table: <a href=Consumer Surplus This table shows some Atlanta college students willingness to pay to see The Nutty Nutcracker, by the Atlanta Ballet. Student Willingness to Pay Lois $100 90 Miguel Narum 50 Oscar Pat 15 ” src=”https://files.transtutors.com/cdn/questions/transtutors006/images/transtutors006_2cfa1b06-e4f6-4468-aa11-03eb39c1ab3b.png”>

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(Table: Consumer Surplus) Look at the table Consumer Surplus.
Assume that each student wants to buy one ticket. If the tickets to
The Nutty Nutcracker are free and there is no other market
for tickets, the total consumer surplus for the five students
is:

A)

$0.

B)

$100.

C)

$150.

D)

$320.

Table: Consumer Surplus This table shows some Atlanta college students’ willingness to pay to see The Nutty Nutcracker, by the Atlanta Ballet. Student Willingness to Pay Lois $100 90 Miguel Narum 50 Oscar Pat 15