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Figure 5-3 In the accompanying figure, the data type of ___________________ is used for the Comment field because the field can contain text that is variable in length.
Consumer Surplus
The difference between what consumers are willing to pay for a good or service versus what they actually pay, representing the economic benefit to consumers.
Domestic Sellers
Businesses or individuals within a country who sell goods or services domestically.
Producer Surplus
The contrast between the price at which producers are willing to sell a good or service and the price they actually secure.
Producer Surplus
The difference between the amount a producer is willing to accept for a good and the actual amount received due to higher market price.
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