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Question 1 There is only one buyer and her incremental RP for various amounts of SOMA are shown in the pic below. You may assume

Question 1

There is only one buyer and her incremental RP for various amounts of SOMA are shown in the pic below. You may assume that the RP for the fifth and higher units is less than her RP for the third unit and so on. If each unit of SOMA sells for $5 per unit, how many units will she buy to maximize her consumer surplus?

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Foundations of the Legal Environment of Business

Authors: Marianne M. Jennings

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978-1305117457

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