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    Exam 5: Efficiency and Equity
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    Consumer Surplus Is the
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Consumer Surplus Is the

Question 236

Question 236

Multiple Choice

Consumer surplus is the


A) value of a good expressed in dollars.
B) price of a good expressed in dollars.
C) value of a good minus the price paid for it summed over the quantity bought.
D) value of a good plus the price paid for it summed over the quantity bought.

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