What Is the Correct Formula for MCS (Marginal Consumer Surplus)

question 113

Multiple Choice

What is the correct formula for MCS (marginal consumer surplus) ?

• A) $MU-price.
• B) Price-$MU.
• C) $TU-price.
• D) ΔTU/price.
• E) ΔTU/Δquantity.

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Definitions:

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Hirschi

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