(table: maximum willingness to pay) the table shows four individuals' maximum willingness to pay for one pound of bananas. If the market price of bananas is $0. 50/lb, what is the total consumer surplus in the market? table: maximum willingness to pay willingness to pay name for 1 lb of bananas jill $2. 00 joe 1. 25 jane 0. 75 james 0. 25
a. $4. 00
b. $2. 50
c. $2. 75
d. $4. 25
