Erika's evaluation of packets of nacho chips in terms of SMU is shown in table below:...

 

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Erika's evaluation of packets of nacho chips in terms of SMU is shown in table below: Marginal Consumer Surplus Quantity of Chips 1 2 3 4 5 $MU $ 3.40 2.20 1.90 1.40 1.10 Price $0.90 0.90 0.90 0.90 0.90 $ Total Consumer Surplus $ If Erika buys five packets, calculate her marginal consumer surplus for each packet and the total consumer surplus from all five to complete table above. Round your answers to 2 decimal places. Erika's evaluation of packets of nacho chips in terms of SMU is shown in table below: Marginal Consumer Surplus Quantity of Chips 1 2 3 4 5 $MU $ 3.40 2.20 1.90 1.40 1.10 Price $0.90 0.90 0.90 0.90 0.90 $ Total Consumer Surplus $ If Erika buys five packets, calculate her marginal consumer surplus for each packet and the total consumer surplus from all five to complete table above. Round your answers to 2 decimal places.

Answer rating: 100% (QA)

Quantity of Chips Price SMU Price Surplus Total Surpl... View the full answer