MindTap - Cengage Learning X + V X -> C A ng.cengage.com/staticb/ui/evo/index.html?snapshotld=3545333&id=1834966454&eISBN=9780357133606 ABP Marvin v C A ng.cengage.com/staticb/ui/evo/index.html?snapshotld=3545333&id=1834966454&eISBN=9780357133606 ABP Marvin v CENGAGE |MINDTAP Q Search this course ? My Home Problems & Applications (Ch 07) X Courses Based on Alex's willingness to pay, plot Alex's demand curve as a step function on the following graph using blue points (circle symbol) beginning at a Catalog and Study Tools quantity of 0 bottles of water. Rental Options ? A-Z College Success Tips Career Success Tips 10 O ? Help Alex's Demand Co Give Feedback Price = $4 bongo Price of Water Quantity Purchased w A N Consumer Surplus A+ 3 Quantity of Water Suppose the price of a bottle of water is $4. Type here to search a P O N O Um 5 7 5:14 PM 99 60F 2 0 7(1) 10/21/2023MindTap - Cengage Learning X + V X -> C A ng.cengage.com/staticb/ui/evo/index.html?snapshotld=3545333&id=1834966454&eISBN=9780357133606 ABP Marvin v CENGAGE MINDTAP Q Search this course ? My Home Problems & Applications (Ch 07) X Courses 10 O Catalog and Study Tools Alex's Demand Co Rental Options A-Z College Success Tips 6 Price = $4 Career Success Tips Price of Water ? Quantity Purchased Help w Give Feedback N Consumer Surplus bongo 0 3 Quantity of Water Suppose the price of a bottle of water is $4. A+ Use the black line (plus symbol) to draw a price line at $4. Next use the grey point (star symbol) to indicate how many bottles of water Alex will buy at that price. Finally, use the green point (triangle symbol) to shade the area that represents Alex's consumer surplus from his purchases. Progress In this case, Alex receives $ in consumer surplus from his water purchase. If the price falls to $2, Alex now buys bottles of water. This his consumer surplus to $ Type here to search a P N 5:14 PM 99+ 60F 2 0 7() 10/21/2023