Assume that there are four consumers A, B, C, and D, and the prices that each of them is willing to pay for a glass of lemonade is, respectively, $2.50, $2.25, $2.00, and $1.75. If the actual price of lemonade is $1.25 per glass, then consumer surplus in this market will be

Multiple Choice

• $3.00.
• $1.25.
• $1.00.
• $3.50.
• $4.50.