Question: MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Figure 4.1 Price (dollars per burrito) $3.00 2.50 2.00 1.50

 MULTIPLE CHOICE. Choose the one alternative that best completes the statement

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Figure 4.1 Price (dollars per burrito) $3.00 2.50 2.00 1.50 1.00 Demand O 2 4 Quantity (burritos) Figure 4.1 shows Arnold's demand curve for burritos. 1) Refer to Figure 4.1. If the market price is $1.00, what is Arnold's consumer surplus? A) $1.00 B) $6.00 C) $2.00 D) $4.00 Show calculation

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