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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Consumer Surplus
  5. Question
    Consumer Surplus Is a Good Measure of Economic Welfare If
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Consumer Surplus Is a Good Measure of Economic Welfare If

Question 82

Question 82

Multiple Choice

Consumer surplus is a good measure of economic welfare if policymakers want to


A) maximize total benefit.
B) minimize deadweight loss.
C) respect the preferences of sellers.
D) respect the preferences of buyers.

Correct Answer:

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