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 $2.00 per glass, then consumer surplus in this market will be

If the actual price of lemonade is $2.00 per glass, then consumer surplus in this market will be...

• $3.75.
• $1.00.
• $0.50.
• $0.75.
• $2.00.