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Consumer Surplus Is the ________ Summed Over the Quantity Bought

Question 97

Multiple Choice

Consumer surplus is the ________ summed over the quantity bought.


A) marginal social benefit minus the marginal social cost
B) number of dollars' worth of other goods and services forgone to obtain one more unit of a good or service
C) value of a good or service minus the price paid for the good or service
D) value of a good or service plus the price paid for the good or service

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