Which of the Following Statements Is Not True

question 199

Multiple Choice

Which of the following statements is not true?

• A)Consumer surplus measures the difference between the highest price a consumer is willing to pay for a product and the price she actually pays.
• B)Marginal benefit is the additional benefit to a consumer from consuming one more unit of a product.
• C)Consumer surplus measures the net benefit from participating in a market.
• D)Producer surplus measures the total benefit received by producers from participating in a market.

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Definitions:

Reflective

Pertaining to a surface or material that sends back light, heat, or sound without absorbing it, often used in screen technology or safety equipment.

Touch Screen

A display screen that detects and responds to touch gestures, allowing users to interact directly with what is displayed.

Resistive

In the context of technology, resistive often refers to a type of touch screen that registers input from pressure on its surface.

Network Interface Card (NIC)

An expansion card that enables a computer to connect other computers or to a cable modem to facilitate a high-speed Internet connection.