Question: Scenario 1 2 - 1 Ken places a $ 2 0 value on a cigar, and Mark places a $ 1 7 value on it

Scenario 12-1
Ken places a $20 value on a cigar, and Mark places a $17 value on it. The equilibrium price for this brand of cigar is $15.
Refer to Scenario 12-1. How much total consumer surplus do Ken and Mark get when each purchases one cigar?
a. $2
b. $5
c. $7
d. $1

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