How Can We Define Consumer Surplus in a Market

question 149

Multiple Choice

How can we define consumer surplus in a market

• A)It is the area below the demand curve and above the price.
• B)It is the distance from the demand curve to the horizontal axis.
• C)It is the distance from the demand curve to the vertical axis.
• D)It is the area below the demand curve and above the horizontal axis.

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Definitions:

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