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Thanks from now! Question 15 Suppose Jack and Jill participate in a silent auction. Each of them has in mind a maximum amount that she

Thanks from now!
Question 15 Suppose Jack and Jill participate in a silent auction. Each of them has in mind a maximum amount that she will bid for an antique vase. This maximum is called : 0 social benefit. 0 social welfare. 0 consumer surplus. O willingness to pay. Question 16 10 S D 0 1 2 3 4 5 6 7 8 9 10 Quantity Consider the graph above of supply and demand for widgets in Econland. Suppose the government imposes a $2 price ceiling per unit of widget. Calculate the consumer surplus under perfectly inefficient rationing. Enter only numbers. Do not enter letters or symbols

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