Question

if Tyler’s willingness-to-pay for pizza is 58 for the 1st slice, for the 2 ^ (nd) slice, and 2 the 3 ^ (rd) slice, how much consumer does he get it he buys 2 Slices at 3 per slice

* ure Syllabus for ECO 2023-00 * Homework Consumer an X https://www.flipitecon.com/Course/ViewProblem?unititemID=4166254& enrollmentID=404358 5600 $1,000 You've reached the maximum number of submissions (1) for this question. Your submissions: D ? Submitted: Tuesday, February 4 at 8:28 PM Feedback Feedback will be given once all questions have been attempted and the Check for Mastery button has been pressed. 5) if Tyler's willingness-to-pay for pizza is 58 for the 1st slice, 54 for the 2nd slice, and 52 for the 3rd slice, how much consumer surplus does he get if he buys 2 slices at 53 per slice? 55 $9 $11 submission are allowed Submit You currently have submissions for this question. Only You can make more submissions for this question 6) On By you find a rare album for sale, and place and bid of 5100. At the end of the auction, you win the lbum price of $60. The difference between the $100 that you were willing to pay and the 560 you actually paid is called Consumer profit margings consumer sur plus are generation r ello You currently submision for this question. Only

Answer 1

Answer is 6 for question no 5

explanation:

for 1st slice tyler saves 5(8-3) dollars (wiiling_pay - paid amount)

for 2nd slice tyler saves 1(4-3) dollars

as for third slice he dosen't save moneyor its pricier than his willingness to pay so he stops eating

so total surplus = 5+1 = 6 dollars