T a garage sale, Dominique purchases a sewing machine for $30 when she was willing to pay $55. If the sewing machine costs $200 new, Dominique's consumer surplus would be Select one: A. $120. B. $25. C. $170. D. $0. E. $145.
The table below shows the quantities of toffee bars and bags of cashews that a consumer could consume over a 1-week period. of Cashews (bags) Units 1 2 3 Toffee (bars) Marginal Utility 10 8 5 3 1 0 0 Total Utility 10 18 Marginal Utility 12 10 7 Total Utility 12 22 29 23 26 5 34 2 4 5 6 7 TABLE 6-1 27 27 27 1 0 36 37 27 Refer to Table 6-1. The maximum utility that a consumer can obtain from toffee bars and bags of cashews per week is Select one: A. 54 B. 74. C. 64. D. 22 E. 56