Amanda, Brianne, Cora and Diane go to the Abercrombie & Fitch and look at a skir

Question

Amanda, Brianne, Cora and Diane go to the Abercrombie & Fitch and look at a skirt that is on sale for $40. The graph below shows their willingness to pay for the skirt
Willingness to Pay
Amanda
$60
Brianne
55
Cora
30
Diane
25
Which of the following is true?
a. Amanda, Brianne, Cora and Diane will each purchase a skirt and the total consumer surplus will be $170
b. Amanda and Brianne will each purchase a skirt and the total consumer surplus will be $115
c. Amanda, Brianne, Cora and Diane will each purchase a skirt and the total consumer surplus will be $10
d. Amanda and Brianne will each purchase a skirt and the total consumer surplus will be



please explain why ?

Explanation / Answer

d. Amanda and Brianne will each purchase a skirt and the total consumer surplus will be amanda and braanne both have more than $40 so they can each buy a skirt and they also have consumer surplus with them

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