Business, 07.10.2019 17:30 Ganggang62

Consumer surplus:
a. represents the maximum amount a person is willing to pay for a particular good.
b. is the difference between the maximum amount a person is willing to pay for a good and its current market price.
c. is the difference between the current market price and the cost of production for the firm.
d. is the difference between the true value of a good and the amount a person is willing to pay for the good.

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Consumer surplus:
a. represents the maximum amount a person is willing to pay for a particul...

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