The table shows fans' willingness to pay for Ariana Grande tickets. Name Willingness to Pay Quinn $200 Wong 150 Chen 120 Barbara 100 Samuel 80 If the price of a ticket decreases from $200 to $100, then total consumer surplus will _____ by $_____. Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices increase; 80 decrease; 80 decrease; 170 increase; 170

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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The table shows fans' willingness to pay for Ariana Grande tickets.

Name Willingness to Pay
Quinn $200
Wong 150
Chen 120
Barbara 100
Samuel 80

If the price of a ticket decreases from $200 to $100, then total consumer surplus will _____ by $_____.

Please choose the correct answer from the following choices, and then select the submit answer button.

Answer choices

increase; 80
decrease; 80
decrease; 170
increase; 170 
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