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The economic significance of the concept of consumer surplus is that:

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The economic significance of the concept of consumer surplus is that:

The economic significance of the concept of consumer surplus is that:
A) firms can charge whatever price they choose and consumer just have to pay
B) consumers always have the final say in any pricing decisions
C) consumers often derive greater benefits from a good or service than is suggested by the price of the good or service
D) the concern that monopolists have an unfair advantage over consumers in all cases is correct

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Microeconomics

Edition: 2^nd

Author: James

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