Multiple Choice
If you pay a total of $10 to purchase 2 units of a good and you would have been willing to pay $14, then
A) you receive a consumer surplus of $4.
B) you experience a paradox of value.
C) you receive a consumer surplus of $2.
D) you do not have consumer sovereignty.
E) your demand factor is $2 per unit.
Correct Answer:
Verified
Correct Answer:
Verified
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