Multiple Choice
Consumer's surplus can be written as
A) total expenditure − total utility.
B) total utility − total expenditure.
C) marginal utility − marginal expenditure.
D) marginal expenditure − marginal utility.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Consumer's surplus is a measure of how
Q6: Marginal utility is<br>A)the difference in price between
Q59: The law of diminishing marginal utility guarantees
Q69: What is a budget line? What does
Q120: Figure 5-13 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 5-13
Q145: You have five hours left to study
Q149: Why is it that the consumer can
Q151: Figure 5-10<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9061/.jpg" alt="Figure 5-10
Q187: Marginal utility can fall even as total
Q206: Modern economists measure how much utility Fred