Consider a Downward-Sloping Demand Curve.Consumer Surplus Is

Multiple Choice

Consider a downward-sloping demand curve.Consumer surplus is

A) the difference between the market price of the good and the cost of the good.
B) greater on the last unit sold than on the first unit sold.
C) greater on the first unit sold than on the last unit sold.
D) equal to price multiplied by quantity sold.
E) equal to the area below the demand curve.