--%>

Total consumer surplus received

Assume that you gain $36 worth of pleasure from first hole of the golf played on any specific day since you are an avid golfer, however the extra pleasure you profit from playing succeeding holes drops by $2 per additional hole. The $40 greens fee is needed to begin on any specific day however you can then play as lots of holes as you like with no extra fees. When you played nine holes one morning and then had to go away the course since of a family emergency, the net consumer surplus you would have obtained that day from playing golf would have been worth roughly: (1) 92 dollars. (2) 212 dollars. (3) 172 dollars. (4) 132 dollars. (5) 252 dollars.

Find out the right answer from the above options.

   Related Questions in Microeconomics

  • Q : Effects of price in Complementary Goods

    The demands for vast new sport utility vehicles [or SUVs] like Hummers and Ford Explorers would most likely reduce most sharply in response to a 50%: (i) Rise in the annual cost of driver’s license. (ii) Decreasing in rent on luxury apartments on the center of b

  • Q : Economic project Hello, Would you

    Hello, Would you please find a project in managerial economic in the attachment. Please tell me in which price you will be solve it and when you complete it? NOTE: I attach tow files (one is the project and another as the sample for it) I choose Starbucks company for the project. A Special N

  • Q : Price elasticity of demand as the

    The price elasticity of demand is approximately measured as the absolute value of as: (1) (% change in Q) / (% change in Y). (2) ratio of the slopes of demand relative to supply. (3) (% change in Q) / (% change in P). (4) constant slo

  • Q : Ratio of Wealth and Poverty In 1980

    In 1980 year, the chief executive officers that stand for CEOs of main corporations had income which averaged roughly 40 times as much as the workers they working. In 2005, such ratio is less than: (1) twenty to one. (2) forty to one. (3) one hundred

  • Q : Provision of employment opportunities

    Government attempts to decrease poverty in the United States have comprised: (1) the provision of employment opportunities. (2) strong reliance on the negative income tax. (3) elimination of all taxes on the poor. (4) rising federal expenditures for m

  • Q : Labor markets profit maximization When,

    When, after hiring the very last worker, the organization’s profit is similar as it was before the last worker was hired, then the firm must: (1) Hire more workers to raise the profit. (2) Layoff some workers to raise the profit. (3) Not appoint any more workers

  • Q : Drive rivals out of business A firm may

    A firm may temporarily lower prices as well as earn negative profits in trying to: (w) drive rivals out of business. (x) find rivals to lower prices. (y) maximize current profit. (z) A rational firm would not do this.

    Q : Characterization by monopolistic

    Monopolistic competition best describes the market for: (1)wheat. (2) designer fashions. (3) electricity. (4) apples. (5) pig iron. Can someone explain/help me with best solution about problem of Economics<

  • Q : Monopoly competition and perfect

    Write down the differentiations between monopoly competition and perfect competition?

  • Q : Determine prices by maximize total

    LoCalLoCarbo that is Favorite Corporation of fad dieters, which can maximize its total revenue when this produces: (1) output q2 and charges a price equal to P1. (2) output q3 and charges a price of more than P2 althou