The table shows the maximum price a consumer would be willing to pay for successive cans of fruit juice.
The price of a can of fruit juice is $4 and, having bought three cans, the consumer decides to buy a fourth.
How does buying the fourth can affect his consumer surplus?
It leaves it unchanged.
2 )
It lowers it by $2.
3 )
It raises it by $4.
4 )
It raises it by $34.
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