The figure above shows Clara's demand for CDs. At a price of $20 for a CD, the value of Clara's total consumer surplus for all the CDs she buys is

A) $40.
B) $30.
C) $20.
D) $4.

C

Economics

You might also like to view...

The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $200 and workers cost $10 per hour. The marginal cost per hat of producing 30 hats per hour (instead of 25 ) is

A) $240.00 per hat. B) $250.00 per hat. C) $8.33 per hat. D) $2.00 per hat.

Economics

Which of the following is associated with macroeconomics?

A. An examination of the incomes of Harvard Business School graduates. B. An empirical investigation of the general price level and unemployment rates since 1990. C. A study of the trend of pecan prices since the Second World War. D. A case study of pricing and production in the textbook industry.

Economics