An Individual's ________ Surplus Is the Area ________ the ________

question 139

Multiple Choice

An individual's ________ surplus is the area ________ the ________ curve and above the ________ up to the quantity ________.

• A) consumer; under; demand; market price, the consumer buys.
• B) producer; under; supply; market price, the producer sells.
• C) consumer; above; supply; choke price, the consumer buys.
• D) producer; supply; under; choke price, the producer sells.

---

Definitions:

Categorical Proposition

A statement in logic that asserts or denies something about all members of a category.

Main Verb

The primary action word in a sentence that indicates the action performed by the subject or describes its state of being.

Proposition

A comment that delivers an opinion or judgment.

Proposition

An articulation offering an evaluation or belief, capable of being correct or incorrect.