Consumer's Surplus Is a Measure of How Much

question 1

Multiple Choice

Consumer's surplus is a measure of how much

• A)less than his income a consumer spends on goods.
• B)more utility a consumer receives from his purchases than he has to pay for them.
• C)a consumer's marginal utility differs from his total utility.
• D)a change in price induces a consumer to substitute other goods.

---

Definitions:

Medication-Induced

Pertaining to symptoms, disorders, or other medical conditions that are caused or exacerbated by pharmaceutical drugs.

Erectile Disorder

A sexual dysfunction marked by the inability to achieve or maintain an erection suitable for sexual intercourse.

Sexual Activities

Behaviors involving sexual intercourse or other forms of physical sexual expression between individuals.

Romantic Partners

Individuals involved in a romantic relationship with each other, typified by emotional and physical intimacy.