A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2009 · Q91 Mark
The table shows the maximum price a consumer would be willing to pay for successive cans of fruit juice. [Table] The price of a can of fruit juice is $4 and, having bought three cans, the consumer decides to buy a fourth. How does buying the fourth can affect his consumer surplus?
AIt leaves it unchanged.
BIt lowers it by $2.
CIt raises it by $4.
DIt raises it by $34.
✓ Correct answer
A: It leaves it unchanged.
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