Value of bottles 1-7$ 2-5$ 3-3$ 4-1$ If the price of a bottle water is 4$, how m

Question

Value of bottles 1-7$ 2-5$ 3-3$ 4-1$ If the price of a bottle water is 4$, how much bottles does Bert buy?? How much consumer plus does Bert get from his purchase?? Show consumer plus in graph?? Value of bottles 1-7$ 2-5$ 3-3$ 4-1$ If the price of a bottle water is 4$, how much bottles does Bert buy?? How much consumer plus does Bert get from his purchase?? Show consumer plus in graph?? 1-7$ 2-5$ 3-3$ 4-1$ If the price of a bottle water is 4$, how much bottles does Bert buy?? How much consumer plus does Bert get from his purchase?? Show consumer plus in graph??

Explanation / Answer

If the price is $4, he buys ( 2 + 3 ) / 2 = 2.5 bottles, i.e 2 bottles

He gets surplus of 1$ ( 5 - 4 )

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