Table :

TABLE 5A-1 Consumer Surplus If Price of a Used Textbook = $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