2. Consider the diagram that follows the demand curve for kayaking for a particular day in the summer or fall on the Charles River in Boston with the hourly rate of rental for a maxi- mum of eight hours a day. What is the total amount a kayaker will Image 7.1 spend to boat for six hours? Estimate the consumer surplus (CS)_for the $40 kayaker to boat for six hours? Understanding the best possible scenario for the utility maximization for the kayaker and MWTP = D curve Rental fee per hour the CS and its relevant pricing scheme you, which you have learned in this chapter. What $16 is the maximum price the kayaker will pay for kayaking all day for eight hours? 3. Suppose that a skier skiing in the White 6 8 Hours of Kayaking