Multiple Choice
What does consumer surplus measure
A) the amount of a product a consumer can buy at a price below equilibrium price
B) the difference between the amount a consumer has to pay and the amount the consumer would be willing to pay
C) the number of consumers who are excluded from a market because of scarcity
D) how much a buyer values a good
Correct Answer:

Verified
Correct Answer:
Verified
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Q102: Figure 7-7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1272/.jpg" alt="Figure 7-7
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