9708/12 Economics May Jun 2021 Online Test | Cambridge AS and A Level MCQ
A family is willing to pay a maximum of $600, $500 and $400 for air tickets for the mother, father and daughter to attend a wedding in another city. The airline announces a promotional air fare of $450 per ticket, provided at least three tickets are purchased.
What will be the consumer surplus gained by the family if they use the promotional offer?