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The schedule below represents the willingness of a typical consumer to pay for dry cleaning in a given week. Suppose there are 10,000 identical consumers

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The schedule below represents the willingness of a typical consumer to pay for dry cleaning in a given week. Suppose there are 10,000 identical consumers in the community. (USE the DISCRETE METHOD). Price per unit dry cleaned Articles of Clothing Dry Cleaned/week per Customer $16 O $15 $14 $13 $12 $11 $10 Referring to the table above, what is the total consumer surplus if the price per dry cleaning is $11 per unit? a. $4 b. $15 c. $10,000 d.$150,000 e none of the above Payan Midterm 1

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