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The outer core of Earth is molten, but the inner core is solid. The reason is that the
Consumer Surplus
The deviation between the full cost that consumers are willing and are financially suitable to pay for a product or service, and the cost they ultimately pay.
Individual Consumer Surplus
The net gain to an individual buyer from the purchase of a good; equal to the difference between the buyer’s willingness to pay and the price paid.
Selling Haircuts
The commercial activity of providing hair cutting and styling services to customers for a fee.
Efficiency
The degree to which resources are allocated in a way that maximizes productivity and minimizes waste or inefficiency.
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