Consumer surplus is the
A) amount of a good consumers get without paying anything.
B) amount a consumer pays minus the amount the consumer is willing to pay.
C) amount a consumer is willing to pay minus the amount the consumer actually pays.
D) value of a good to a consumer.
Correct Answer:
Verified
Q1: Consumer surplus is equal to the
A)Value to
Q2: The maximum price that a buyer will
Q4: Consumer surplus
A)is the amount of a good
Q5: Consumer surplus in a market can be
Q6: Consumer surplus
A)is closely related to the supply
Q7: In which of the following circumstances would
Q8: Consumer surplus
A)is the amount a buyer pays
Q9: Suppose Larry,Moe,and Curly are bidding in an
Q10: On a graph,consumer surplus is represented by
Q11: Consumer surplus is
A)a concept that helps us
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