Look at the two tables below. What is the total surplus If Bob buys a unit from Carlos? If Barb buys a from Courtney? If Bob buys a unit from Chad? If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what Is the largest total surplus that can be achieved?Person Maximum Price Willing to Pay Person Minimum Acceptable PriceBob $18 Carlos $5Barb 16 Courtney 7Bill 14 Chuck 9Bart 12 Cindy 11Brent 10 Craig 13Betty 8 Chad 15A. What Is the total surplus if Bob buys a unit from Carlos?B. What is the total surplus if Barb buys a unit from Courtney?C. What is the total surplus if Bob buys a unit from Chad?D. If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest surplus can be achieved?

In march 2012, the state of california started requiring that all packaging for food and drink with the additive 4-methylimidazole (4-mi) be clearly labeled with a cancer warning. because of this, both pepsi and coke changed their formula to eliminate 4-mi as an ingredient. if pepsi and coke did not change their formula, holding all else constant, what would have happened to the demand for these goods, assuming pepsi and coke were in a competitive market? a. the demand curve for both pepsi and coke would have shifted to the right, causing the price of both products to decrease and the profits for the companies to fall. b. the demand curve for pepsi and coke would have remained unchanged, but the price of both products would have decreased and the profits for the companies would have fallen. c. the demand curve for pepsi and coke would have decreased, but the prices and profits would not have changed. d. the demand curve for only one of them would change because pepsi and coke are substitutes. e. the demand curve for pepsi and coke would have shifted to the left, causing the price of both products to decrease and the profits for both companies to fall.