Consumer Surplus Equals

question 236

Multiple Choice

Consumer surplus equals

• A) producer surplus at a market equilibrium.
• B) marginal benefit minus price, summed over the quantity consumed.
• C) price minus marginal cost.
• D) the deadweight loss if there is underproduction.
• E) the deadweight loss plus the producer surplus.

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A type of educational institution providing higher education and lower-level tertiary education, granting certificates, diplomas, and associate's degrees.