How does cindys decision affect total surplus in whoville

Reference no: EM13212406

The many identical residents of whoville love drinking zlurp. Each resident has the following willingness to pay for the tasty refreshment: first bottle-$5 second bottle-$4 third bottle-$3 fourth bottle-$2 fifth bottle-$1 further bottles-$0 c.)Cindy lou who, one of the residents of whoville, decided on her own to reduce her consumption of zlurp by one bottle. What happens to Cindy's welfare? How does Cindy's decision affect total surplus in whoville?

Reference no: EM13212406

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