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Question 4 Consumer Willingness to Pay Anya $24 Basil 20 Celeste 15 Dralon 12 Esther 7 The table above lists the highest prices five consumers are willing to pay for a theater ticket. If the price of one of the tickets is $18, A) Anya and Basil will each buy two tickets. B) Anya and Basil receive a total of $26 of consumer surplus from buying one ticket each. No one else will buy a ticket. C) Basil will receive $2 of consumer surplus from buying one ticket. D) Celeste, Dralon, and Esther will receive a total of $34 of consumer surplus since hey will buy no tickets.Question 1 Making optimal decisions "at the margin" means calculating the total costs of the activity and determining if you can afford to incur that expenditure. True or False? Question 2 Assume that the price of grapes has risen and sales of this product has dropped. One can conclude that A) the demand for grapes has increased. B) the supply for grapes has decreased. C) the law of demand has been violated. D) the law of supply has been violated. Question 3 Sale tax is a better measure than price control as the former creates deadweight loss while the latter does not. True or False