Skip to main content
Pearson+ LogoPearson+ Logo
Consumer Surplus and Willingness to Pay
5. Consumer and Producer Surplus; Price Ceilings and Floors / Consumer Surplus and Willingness to Pay / Problem 1
Problem 1

If the demand curve is linear and the market price is \$3, with a maximum willingness to pay of \$9 and a quantity of 5, what is the consumer surplus?