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    Principles of Microeconomics
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    Exam 7: Consumers, producers, and the Efficiency of Markets
  5. Question
    What Is Consumer Surplus
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What Is Consumer Surplus

Question 198

Question 198

Multiple Choice

What is consumer surplus


A) the quantity of a good consumers get free
B) the amount a consumer has to pay less the amount the consumer was willing to pay
C) the amount a consumer is willing to pay less the amount the consumer actually pays
D) the total value of a good to a consumer

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