Economists Generally Agree That the Goal in Developing the Concept

question 131

Multiple Choice

Economists generally agree that the goal in developing the concept of consumer surplus is to:

• A)make positive judgments about the desirability of market outcomes
• B)make normative judgments about the desirability of market outcomes
• C)measure the profit of firms producing the good
• D)assess the forgone value when the price is too high

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