Question: Individual demand and consumer surplus Consider the market for hyperbaric chambers. The market price of each hyperbaric chamber is $ 3 2 0 , 0

Individual demand and consumer surplus
Consider the market for hyperbaric chambers. The market price of each hyperbaric chamber is $320,000, and each consumer demands no more than one hyperbaric chamber.
Suppose that Kevin is the only consumer in the hyperbaric chamber market. Their willingness to pay for a hyperbaric chamber is $560,000. Based on Kevin's willingness to pay, the following graph shows his demand curve for hyperbaric chambers.
Shade the area representing Kevin's consumer surplus using the green rectangle (triangle symbols).
Individual demand and consumer surplus Consider

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