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  3. Study Set
    Principles of Microeconomics
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    Exam 7: Consumers, producers, and the Efficiency of Markets
  5. Question
    Suppose a Consumer Is Willing and Able to Pay $18
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Suppose a Consumer Is Willing and Able to Pay $18

Question 92

Question 92

Multiple Choice

Suppose a consumer is willing and able to pay $18.00 for a particular good but only has to pay $14.00.What is the consumer surplus


A) $4.00
B) $14.00
C) $18.00
D) $32.00

Correct Answer:

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