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Homework answers / question archive / The table given below shows three buyers' willingness to pay for an antique necklace
The table given below shows three buyers' willingness to pay for an antique necklace. At a market price of $25,000, the total consumer surplus in the market is
A. $26,000.
B. $7,000.
C. $6,000.
D. $30,000.
| Buyers | Willingness to pay (in thousands of $) |
|---|---|
| Kristen | 30 |
| Debra | 26 |
| Molly | 14 |
