Which of the Following Is Not True Concerning Consumer Surplus

question 64

Multiple Choice

Which of the following is not true concerning consumer surplus?

• A)It is graphically the area under the demand curve and above the market price.
• B)It does not exist in equilibrium.
• C)A leftward shift of the supply curve will decrease consumer surplus.
• D)A rightward shift of the supply curve will increase consumer surplus.

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Definitions:

Systematic Desensitization

A therapeutic technique used to reduce phobias or anxiety by gradually exposing a person to the feared object or situation in a controlled manner.

Counterconditioning

A behavior therapy technique where a maladaptive response to a stimulus is replaced with a more desirable one.

Paradoxical Intentions

A therapeutic technique where clients are advised to intentionally engage in or exaggerate the behaviors or thoughts they wish to eliminate, leading to awareness and change.

Implosion

A psychological therapy technique where a person is intensely exposed to their fears or traumas in their imagination to reduce the related anxiety.