There are 100 consumers, each of whom values a concert ticket at a unique whole number dollar amount between $1 and $100. one customer is willing to pay $1, a second is willing to pay $2, a third is willing to pay $3, and so on. an unlimited number of concert tickets are on sale for $15 each. create a simple demand curve to represent this scenario and using that curve calculate the total consumer surplus. what is the total consumer surplus in this market?
a) $3,612.50
b) $4.250.00
c) $4,887.50
d) $5,000.00

In a team environment, a coordinator is? a person with expert knowledge or skills in a particular area the team needs. a good listener who works to resolve social problems among teammates. a leader who team members focus on their tasks. a good networker who likes to explore new ideas and possiblities.

At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket