1. Suppose that in a competitive market for ukuleles, three buyers (Peter, Paul, and Mary) have the marginal benent (MB) schedules below Quantity and marginal benefit (MB) for three buyers Quantity MB Peter $ MB Paul $ MB Mary $ 150 120 8 If the equilibrium price is $80, calculate the following: a. the quantity purchased by each buyer. b. the consumer surplus for each buyer. c. the consumer surplus for the market as a whole