Julie says, "I am willing to pay $\$ 10$ for a pizza.", The price of a pizza is currently $\$ 8$. Instructions: Enter your answer as a whole number. a. Julie's consumer surplus if she purchases a single pizza is: $\$$ b. Which of the following is not a true statement about Julie's consumer surplus? Julie's consumer surplus would increase if the price fell. Consumer surplus represents the net benefit that Julie receives from the pizza. Consumer surplus represents the total value that Julie places on the pizza. Consumer surplus depends on both the value and price of the product.

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01RS6P The First Answerer