=+h.* In (g) of part A, you identified the area in the MWTP graph that represents the cost of the season pass. Can you now verify mathematically that this area is indeed equal to $750? (Hint:

If you have drawn and labeled your graph correctly, the season pass fee is equal to an area composed of two parts: a rectangle equal to 2.5 times 100 and an area to the left of the compensated demand curve between 2.5 and 10 on the vertical axis. The latter is equal to the difference between the expenditure function E1p1

,p2

,u2 evaluated at p1 5 2.5 and p1 5 10 (with p2 5 1 and u equal to the correct utility value associated with the indifference curve in your earlier graph).)