(Solved): please help! 2. Individual demand and consumer surplus Consider the market for electric vehicles. Th ...

2. Individual demand and consumer surplus Consider the market for electric vehicles. The market price of each electric vehicle is $\$135,000$, and each consumer demands no more than one electric vehicle: Suppose that Tim is the only consumer in the electric vehicle market. Their willingness to pay for an electric vehicle is 5270,000 . Based on Tim's willingness to pay, the following graph shows his dernand curve for electric vehicles. Shade the area representing Tim's consumer surplus using the green rectangle (triangle symbals), Now, suppose another buyer, Alyssa, enters the market for electric vehides, and her willingness to poy is $\$180,000$. Based on Alyssa's and Tim's respective willingness to pay, plot the market demand curve on the foviowing graph using the blue points (oircle symbor). Next, shade Tim's consumer surplus using the green rectangle (triangle symbols), and shade Alyssa's consumer surplus using the purple rectangle (diamond symbois). Note: Plot your points as a step function in the order in which you would like them connected, Line segments will connect the points automatically. Suppose Brian is willing to pay a total of $\$90,000$ for an electric vehicle. True or Falset Keeping his maximum witingness to pay for an electric vehicle in mind, Brian will buy the electric veilicle because it would be worth more to him than its market price of $\$135,000$ True False