Examlex
Most commercial Web sites promote ____________________ as part of their business model.
Economic Efficiency
A condition in which all resources are optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.
Consumer Surplus
The gap between the price consumers are prepared to pay for a good or service and the price they actually end up paying.
Consumer Surplus
The gap between what consumers are prepared to spend on a good or service and the actual amount they end up paying.
Consumer Surplus
The divergence in total intended consumer expenditure on a product or service and the total actual expenditure.
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