A group of friends is trying to decide if they will each ind…
A group of friends is trying to decide if they will each independently buy Hulu subscriptions. The table below gives each individual’s maximum willingness to pay for a subscription. Maximum Willingness to Pay Isabella $20.00 Saitama $15.00 Isaiah $12.50 Aaliyah $17.50 If the price of a Hulu subscription is $15: Isabella’s consumer surplus will be [BLANK-1]. Saitama’s consumer surplus will be [BLANK-2]. Isaiah’s consumer surplus will be [BLANK-3]. Aaliyah’s consumer surplus will be [BLANK-4]. Total consumer surplus will be [BLANK-5]. Note: For your responses, please enter numeric values (e.g., 1.50) or dollar amounts (e.g., $1.50)
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