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The Total Consumer Surplus for Good X Can Be Calculated

Question 11

Multiple Choice

The total consumer surplus for good X can be calculated in all ways EXCEPT as:


A) the sum of the individual consumer surpluses for all buyers of X.
B) the area below the demand curve for X and above the price of X.
C) the area bounded by the demand curve for X and the two axes.
D) the sum, for all buyers of X, of the difference between what each buyer is willing to pay for X and the amount actually paid.

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