Question
QUESTION 2 The diagram below illustrates a consumer's demand curve for snickers. 40 30 10 10 15 D (4 Marks) If the price of
QUESTION 2 The diagram below illustrates a consumer's demand curve for snickers. 40 30 10 10 15 D (4 Marks) If the price of snickers falls from $30 to $20, but the consumer is prohibited from buying more than 5 pairs of the snickers, by how much will consumer surplus increase? A. $100. B. $75. C. $50 D. $25. QUESTION 2 The diagram below illustrates a consumer's demand curve for snickers. 40 30 10 10 15 D (4 Marks) If the price of snickers falls from $30 to $20, but the consumer is prohibited from buying more than 5 pairs of the snickers, by how much will consumer surplus increase? A. $100. B. $75. C. $50 D. $25.
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