Suppose Table 1 shows your demand schedule for cans of soda.

(a) What is your total utility from three cans of soda?

(b) What is your marginal utility from the third can of soda?

(c) If price were $1.50, how much would your consumer surplus be? ( LO1 , 3 , 6 )

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TABLE 1 Price $3.00 2.00 1.50 Quantity Demanded 1 23 3