9 Erika's evaluation of packets of nacho chips in terms of SMU is shown in table bel Marginal Consumer Surplus Quantity of Chips 1 2 3 4 5 SMU $3.50 2.70 1.90 1.50 1.40 Price $1.30 1.30 1.30 1.30 1.30 $ Total Consumer Surplus $ If Erika buys five packets, calculate her marginal consumer surplus for each packet and the total consumer sur complete table above. Round your answers to 2 decimal places.

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter6: Consumer Choice And Demand
Section: Chapter Questions
Problem 15PAE
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9
Erika's evaluation of packets of nacho chips in terms of $MU is shown in table below.
Marginal
Consumer
Surplus
Quantity
of Chips
1
2
3
4
5
SMU
$ 3.50
2.70
1.90
1.50
1.40
Price
$1.30
1.30
1.30
1.30
1.30
$
Total
Consumer
Surplus
$
If Erika buys five packets, calculate her marginal consumer surplus for each packet and the total consumer surp
complete table above. Round your answers to 2 decimal places.
Transcribed Image Text:9 Erika's evaluation of packets of nacho chips in terms of $MU is shown in table below. Marginal Consumer Surplus Quantity of Chips 1 2 3 4 5 SMU $ 3.50 2.70 1.90 1.50 1.40 Price $1.30 1.30 1.30 1.30 1.30 $ Total Consumer Surplus $ If Erika buys five packets, calculate her marginal consumer surplus for each packet and the total consumer surp complete table above. Round your answers to 2 decimal places.
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