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A college student enjoys drinking hand- crafted ginger beer. Her willingness to pay for each bottle is shown in the following table. Number of bottlesWillingness
A college student enjoys drinking hand- crafted ginger beer. Her willingness to pay for each bottle is shown in the following table. Number of bottlesWillingness to pay (per bottle) SS 1 2 $4 3 S3 4 S2 5 $1 6 SO If a bottle of hand-crafted ginger beer costs $4, how many bottles will the student buy? ___ bottles of hand-crafted ginger beer. How much consumer surplus will she enjoy? Assume that the student will purchase bottles up to, but not including, the point at which she incurs a loss of consumer surplus. S in consumer surplus. If the price of a bottle falls to S3, how many bottles of hand-crafted ginger beer will she buy? bottles of hand-crafted ginger beer. How much consumer surplus will she enjoy? Assume that the student will purchase bottles up to, but not including, the point at which she incurs a loss of consumer surplus. S ___ in consumer surplus
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