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Please help me with the following questions. A market has four individuals, each considering buying a grill for his backyard. Assume that grills come in

Please help me with the following questions.

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A market has four individuals, each considering buying a grill for his backyard. Assume that grills come in only one size and model. Abe considers himself a grill- master, and finds a grill a necessityI so he is willing to pay $400 for a grill. Butch is a meat-lover, honing his grilling skills, and is willing to pay $350 for a grill. Collin just met the girl of his dreams, and she loves a good grilled steakI so in his effort to impress her he is willing to pay $320 for a grill. Daniel loves grilled shrimp and thinks it might be cheaper in the long run if he buys a grill instead of eating out every time he wants grilled shrimp, so he is willing to pay $200 for a grill. Given the scenario described, if the market price of grills is $300, who participates in the market? 0 Only Abe, Butch, and Collin participate. 0 Only Collin and Daniel participate. 0 Only Abe and Butch participate. 0 Only Daniel participates. A market has 'four individuals, each considering buying a grill for his backyard. Assume that grills come in only one size and model. Abe considers himself a grill- master, and finds a grill a necessityI so he is willing to pay $400 for a grill. Butch is a meat-lover, honing his grilling skills, and is willing to pay $350 for a grill. Collin just met the girl of his dreams, and she loves a good grilled steakI so in his effort to impress her he is willing to pay $320 for a grill. Daniel loves grilled shrimp and thinks it might be cheaper in the long run if he buys a grill instead of eating out every time he wants grilled shrimp, so he is willing to pay $200 for a grill. If the market price of grills is $320. given the scenario described, Abe's consumer surplus would be: 0 $400.00 C) $350.00 C) $320.00 0 $80.00

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