Question: Assume that there are four consumers A , B , C , and D , and the price that each is willing to pay for

Assume that there are four consumers A, B, C, and D, and the price that each is willing to pay for a glass of lemonade is, respectively, $2.50,$2.25, $2.00, and $1.75. If the actual price of lemonade is $1.00 per glass, then consumer surplus in this market will be
Multiple Choice
$1.00.
$3.50.
$2.75.
$2.50.
$4.50.
 Assume that there are four consumers A, B, C, and D,

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