Which of the Following Would Be the Best Example of Consumer

question 176

Multiple Choice

Which of the following would be the best example of consumer surplus?

• A) Shaniqua does not get cell-phone service because she feels that it is worth less than the $30 a month fee.
• B) Nicolas pays $8 for a haircut that is worth $10 to him.
• C) Diego buys a house for $104,000, the maximum amount that he would be willing to pay for it.
• D) Isabella purchases a book for $20 and uses a credit card to pay for it.

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Definitions:

Gender-neutral Term

A word or phrase not specific to any gender, used to promote equality and inclusivity.

Policeman

A member of a police force, tasked with enforcing laws, preventing crime, and protecting citizens and their property.

Writing Style

The distinctive manner in which an author chooses to express themselves through writing, characterized by elements such as tone, syntax, and vocabulary.

Legal Writing

The practice of drafting documents and writings, such as briefs, memos, and contracts, that communicate legal analysis, rights, and duties.