Question: 1. What is the consumer surplus when the price per ride is $1? 2. Explain what consumer surplus is, in plain English. 3. How does

1. What is the consumer surplus when the price per ride is $1? 


2. Explain what consumer surplus is, in plain English. 


3. How does the amount of consumer surplus you receive affect your decision to buy a certain quantity of rides if the price rises?

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