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  3. Study Set
    Macroeconomics Principles Study Set 1
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    Exam 4: Markets and Government
  5. Question
    Consumer Surplus Is Defined as the Difference Between _____ and the Market
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Consumer Surplus Is Defined as the Difference Between _____ and the Market

Question 277

Question 277

Multiple Choice

Consumer surplus is defined as the difference between _____ and the market price.


A) the demand curve
B) the supply curve
C) a price floor
D) a price ceiling

Correct Answer:

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