Suppose there are three identical vases available to be purchased. Buyer 1 is willing to pay $30 for one, buyer 2 is willing to pay $25 for one, and buyer 3 is willing to pay $20 for one. If the price is $25, how many vases will be sold and what is the value of consumer surplus in this market?
a. One vase will be sold, and consumer surplus is $30.
b. One vase will be sold, and consumer surplus is $5.
c. Two vases will be sold, and consumer surplus is $5.
d. Three vases will be sold, and consumer surplus is $0.
e. Three vases will be sold, and consumer surplus is $80: