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    Exam 7: Consumers, Producers and the Efficiency of Markets
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    If a Buyer's Willingness to Pay for a New Honda
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If a Buyer's Willingness to Pay for a New Honda

Question 45

Question 45

Multiple Choice

If a buyer's willingness to pay for a new Honda is €20,000 and she is able to actually buy it for €18,000, her consumer surplus is


A) €0.
B) €2,000.
C) €18,000.
D) €20,000.
E) €38,000.

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