Consumer Surplus Is ________

Multiple Choice

Consumer surplus is ________.

A) the difference between the willingness to pay for a good and the price paid for the good
B) the sum of the willingness to pay for a good and the price paid for the good
C) the product of the willingness to pay for a good and the price paid for the good
D) the ratio of the willingness to pay for a good to the price paid for the good