The Total Value That Doug Places on His Consumption of Computer

question 80

Multiple Choice

The total value that Doug places on his consumption of computer games equals

• A)the price multiplied by quantity demanded.
• B)his marginal utility multiplied by quantity demanded.
• C)price times marginal value.
• D)the total amount he pays for all the games he purchases.
• E)his total expenditure on computer games plus his consumer surplus.

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Definitions:

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