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Willingness to pay for workouts

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Reference no: EM131114845

Number of workouts (per week) Willingness to Pay for Workouts

1 $35
2 30
3 25
4 20
5 15
6 10
7 5

Look at the table above. Several times each week Eli works out at a local health club, but because he is not member, he pays a price of $10 each time he shows up to use the club facilities. The table shows Eli's willingness to pay for each of the club. How many times will Eli use the health club for a workout, and how much consumer surplus does he receive? Explain.

Reference no: EM131114845

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