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In the market for a particular pair of shoes, Jena is willing to pay $75 for a pair while Jane is willing to pay $85 for a pair. The actual price that each has to pay for a pair of shoes is $65. What is the combined amount of consumer surplus of Jena and Jane?A) $215B) $30 C) $130 D) $10

Respuesta :

Answer:

B) $30 

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay - price of the good

For jena:

Consumer surplus = $85 - $65 = $20

For jane:

Consumer surplus = $75 - $65 = $10

I hope my answer helps you

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