Refer to the table below. If the six people listed in the table are the only consumers in the market and the equilibrium price is $11, how much consumer surplus will the market generate?                  Person Maximum Price Willing to Pay Actual Price (Equilibrium Price)   Bob $16 $11   Barb 14 11   Bill 13 11   Bart 12 11   Brent 11 11   Betty 10 11 Instructions: Enter your answer as a whole number.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Refer to the table below. If the six people listed in the table are the only consumers in the market and the equilibrium price is $11, how much consumer surplus will the market generate? 

 
 
         
  Person Maximum Price Willing to Pay Actual Price (Equilibrium Price)
  Bob $16 $11
  Barb 14 11
  Bill 13 11
  Bart 12 11
  Brent 11 11
  Betty 10 11

Instructions: Enter your answer as a whole number.

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