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QUESTION 1 Suppose the tables below represents the market for parking passes: Potential Willingness Buyer to Pay Potential Seller Cost Cade $60 Julia $38 $25

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QUESTION 1 Suppose the tables below represents the market for parking passes: Potential Willingness Buyer to Pay Potential Seller Cost Cade $60 Julia $38 $25 $17 $13 Drew Kate Jeremy Maddy Will If the equilibrium price is $31, then the total consumer surplus is $ 33 7 total producer surplus is $ 38 , and total surplus = $

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