As Compared to a Z Score, a Raw Score Is

question 81

Multiple Choice

As compared to a Z score, a raw score is:

• A)a transformed score
• B)an ordinary score
• C)a scaled score
• D)a standardized score

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Definitions:

Consumer Surplus

The discrepancy between the amount consumers are prepared to pay for a product or service and the price they actually spend.

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually pay.

Consumer Surplus

The contrast between the theoretical sum consumers are prepared to pay and the practical sum they pay for a good or service.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service compared to its market price, representing their net benefit.