While Having a Discussion, Technician a Says That Outside Glass

question 12

Multiple Choice

While having a discussion, Technician A says that outside glass specialty shops are often hired to install windshields and back glass.Technician B says that windshields and rear windows are usually secured in place by rubber weatherstripping or by an adhesive.Who is correct?

• A) A only
• B) B only
• C) Both A and B
• D) Neither A nor B

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Definitions:

Total Consumer Surplus

The sum of the individual consumer surpluses of all the buyers of a good in a market.

Consumer Surplus

The discrepancy between what consumers are prepared and capable of spending on a product or service and what they actually end up spending.

Total Consumer Surplus

Total consumer surplus is the difference between what consumers are willing to pay for a good or service versus what they actually pay, representing the net benefit to consumers.

Consumer Surplus

The difference between the maximum price a consumer is willing to pay and the actual price they pay.