A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2012 · Q121 Mark
The table shows the maximum amount three students would each be willing to pay for a taxi to take them home from a night club. [Figure 12.1] Assume they share the taxi fare as shown in the table below. Which shows how much they each should pay so that they each obtain the same consumer surplus?
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AJane $2.00 Sara $4.00 Yasmin $6.00
BJane $4.00 Sara $4.00 Yasmin $4.00
CJane $5.00 Sara $4.00 Yasmin $3.00
DJane $6.00 Sara $4.00 Yasmin $2.00
✓ Correct answer
D: Jane $6.00 Sara $4.00 Yasmin $2.00
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