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Consumers' Total Benefit from Consuming a Good Is Equal to the

Question 188

Multiple Choice

Consumers' total benefit from consuming a good is equal to the


A) total amount spent on the good.
B) consumer surplus on the quantity purchased.
C) consumer surplus plus the total amount spent on the good.
D) consumer surplus minus the total amount spent on the good.
E) total amount spent on the good divided by the number of units purchased.

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