What Is the Outcome If a Consumer Is Willing and Able

question 178

Multiple Choice

What is the outcome if a consumer is willing and able to pay $18.00 for a particular good but the price of the good is $20.00

• A)The consumer has a consumer surplus of $3.00.
• B)The consumer has a consumer surplus of $18.00
• C)The consumer will try to increase his/her willingness and ability to pay by earning more.
• D)The consumer will not purchase the good and will not have any consumer surplus.

---

Definitions:

Rootkit

Programs that allow hackers to gain access to your computer and take almost complete control of it without your knowledge. These programs are designed to subvert normal login procedures to a computer and to hide their operations from normal detection methods.

Logic Bomb

A piece of code intentionally inserted into a software system that will set off a malicious function when specified conditions are met.

Denial Of Service

An attack that aims to make a computer or network resource unavailable to its intended users by temporarily or indefinitely disrupting services of a host connected to the internet.

Logic Bomb

A piece of code intentionally set to execute a malicious function when specified conditions are met.