Suppose a consumer would be willing to pay $6 for the first cup of coffee of the day. $5 for the second cup, $4 for the third cup and $3 for the fourth cup, $2 for the fifth cup... If the price of a cup of coffee is $3 per cup, how many cups will the comsumer buy in a day? On the first cup. this consumer earns $3 in "surplus" becware she is willing to pay $6 but only pay $3 for the cup What surplus is cared on the 2" cup? we.the third cup? onthe fourth cup? Given that caps are only being consumed in who I units, what is the total surplus this consumer cared on her purchase of 4 cups of coffee per day?This is a graph of what the consumer is willing to pay and the market price. P P=3 3The rectangle I have drawn has an area of 3 = (6-3) x 1 which measures the surplus for the 1# cup 3 4 5 16 7 Fill in the surplus for the 2ed, 3ed, and 4" cups. The sum of your surpluses will equal the total consumer surplus earned by this consumer that you found on the first side data.