What Is the Difference Between Approximate and Exact Consumer Surplus

Multiple Choice

What is the difference between approximate and exact consumer surplus?

A) Approximate consumer surplus is calculated using an uncompensated demand curve, while exact consumer surplus is calculated using a compensated demand curve.
B) Approximate consumer surplus is calculated using a compensated demand curve, while exact consumer surplus is calculated using an uncompensated demand curve.
C) There is no difference between approximate and exact consumer surplus.
D) Approximate consumer surplus can be measured, while exact consumer surplus cannot be measured.