Amazon has a \"Lightning Deal\" where it slashes the price of one item. At 3:15 PM today, they announced that the item was a new tablet with a sales price of $150, less than half the original price. The table below contains the maximum willingness to pay for five college students wanting to buy a tablet on Amazon.

students willing to pay
Amanda $500
David $400
Lily $300
Anthony $200
Julio $100
1. What is total consumer surplus for the five students?
2. If the price increases from $150 to $350, what is the change in total consumer surplus? Pay attention to the direction of change.

Read the overview below and complete the activities that follow.apartment complexes often look for ways to recruit new tenants and retain current tenants. although apartment complexes offer the tangible benefit of shelter to their tenants, many apartment complexes also offer additional services to tenants to encourage tenants to stay or to support the rent prices. the following scenario identifies the several service gaps of a company that runs an apartment complex as well as solutions for reducing these service gaps.concept review: customers have certain expectations about how a service should be delivered. a service gap occurs when the delivery of a service fails to meet customer expectations. there are four types of service gaps: knowledge gap, standards gap, delivery gap, and the communications gap. it is important for marketers to identify these gaps and develop strategies for minimizing them.match the example or solution to the appropriate service gap category.1. wait for repairs 5. train employees well2. understand expectations 6. incentives for tenants3. do not overpromise 7. family movie night4. empower employees 8. delayed lawn careservice gap example solutionknowledge gap standards gap delivery gap communication gap