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Business, 01.08.2019 02:00 jameskarbar9p8c9d2

(table: maximum willingness to pay) the table shows four individuals' maximum willingness to pay for one pound of bananas. if the market price of bananas is $0.50/lb, what is the total consumer surplus in the market? table: maximum willingness to pay willingness to pay name for 1 lb of bananas jill $2.00 joe 1.25 jane 0.75 james 0.25 a. $4.00 b. $2.50 c. $2.75 d. $4.25

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