Examlex
Which of the following relationships suggests a positive correlation?
Consumer Surplus
The difference between the maximum price a consumer is willing to pay and the actual price they do pay.
Consumer Surplus
The economic benefit enjoyed by consumers when they pay less for a product than what they were prepared to pay.
Producer Surplus
The financial gap between the price sellers are willing to accept for goods or services and the price they eventually get.
Price Floor
A legal minimum on the price at which a good can be sold.
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