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Other Fields Homework Help Economics Topic started by: Kyuubi on Jan 7, 2018



Title: Consumer surplus is: (Multiple Choice)
Post by: Kyuubi on Jan 7, 2018
Consumer surplus is:
A) total consumer expenditure on high-priced items
B) the total amount that consumers save out of their income
C) the total amount consumers are willing to pay for an item, minus the market price of the item
D) the same for all consumers in a market where the price of an item is determined by demand and supply


Title: Re: Consumer surplus is: (Multiple Choice)
Post by: Engel on Jan 7, 2018
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