Table :
TABLE
4-1
Consumer Surplus When the Price of a Used Textbook Is $30
Potential buyer
Willingness to pay
Price paid
Individual consumer surplus = Willingness to pay − Price paid
Aleisha
$59
$30
$29
Brad
45
30
15
Claudia
35
30
5
Darren
25
–
–
Edwina
10
–
–
All buyers
Total consumer surplus = $49