Consumer Surplus Is

Multiple Choice

Consumer surplus is

A) the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.
B) the amount a buyer is willing to pay for a good minus the cost of producing the good.
C) the amount by which the quantity supplied of a good exceeds the quantity demanded of the good.
D) a buyer's willingness to pay for a good plus the price of the good.