Examlex
Gelman's "cardinal principle" of counting states that ______.
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.
The Nutty Nutcracker
A whimsical, often humorous adaptation of the traditional "Nutcracker" ballet, integrating various contemporary characters and pop culture references.
Willingness to Pay
The maximum amount a consumer is prepared to spend on a good or service.
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