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    Exam 5: Happiness, Utility, and Consumer Choice
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    Economists Call the Difference Between What You Pay for a Good
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Economists Call the Difference Between What You Pay for a Good

Question 76

Question 76

Multiple Choice

Economists call the difference between what you pay for a good and what you would have been willing to pay for it a(n)


A) budget deficit
B) consumer deficit
C) consumer marginal benefit
D) consumer surplus
E) economic benefit

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