The Additional Benefit to a Consumer from Consuming One More

question 78

Multiple Choice

The additional benefit to a consumer from consuming one more unit of a good or service

• A)is equal to consumer surplus.
• B)is equal to the opportunity cost of consuming the good or service.
• C)is equal to marginal benefit.
• D)is equal to economic surplus.

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Definitions:

Recount

The process of counting votes again in an election, often triggered by the initial results being extremely close or disputed.

United States Supreme Court

is the highest court in the United States, with ultimate appellate authority over all federal and state court cases involving matters of federal law.

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A United States presidential election where George W. Bush narrowly defeated Al Gore, marked by controversies over the vote count in Florida.