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:

Organs

Structures composed of multiple types of tissues that work together to perform specific functions in the body.

Tissue Types

Distinct categories of biological tissues, including epithelial, connective, muscle, and nervous tissues, each with specific functions in the body.

Anatomy

The branch of biology and medicine that studies the structure and organization of living organisms.

Structure

The arrangement or organization of parts to form an organism, system, or object, often determining its function and nature.