According to a Recent Survey,what Percent of U

question 182

Multiple Choice

According to a recent survey,what percent of U.S.households carry one or more credit cards?

• A)40
• B)60
• C)65
• D)70
• E)90

---

Definitions:

Consumer Surplus

The variance between the total price consumers are willing to pay for a good or service and the actual price they pay.

Benefit

An advantage, gain, or positive outcome derived from a specific action, policy, or product.

Buyers

Entities or individuals who purchase goods or services for personal use, consumption, or investment.

Producer Surplus

The difference between the amount sellers are willing to accept for a good or service and the actual amount they receive in the market.