Consumer Surplus Is Created When

Multiple Choice

Consumer surplus is created when

A) a person trades away a good that yields diminishing marginal utility
B) a person's total utility increases when consuming an additional unit of a good
C) a good is purchased at a price that is less than the price the consumer would have been willing to pay
D) the total utility of a good is greater than its marginal utility
E) many consumers want to buy a good and the price goes up