The Consumer Acquires a Consumer Surplus on a Good If

question 110

Multiple Choice

The consumer acquires a consumer surplus on a good if the marginal benefit is

• A) equal to the price.
• B) greater than the price.
• C) less than the price.
• D) zero.
• E) less than the marginal cost.

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Definitions:

Criterion

A standard or principle by which something is judged or decided.

Diagnostic System

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