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The base of an aluminum block,which is fixed in place,measures 90 cm by 90 cm,and the height of the block is 60 cm.A force,applied to the upper face and parallel to it,produces a shear strain of 0.0060.The shear modulus of aluminum is .What is the displacement of the upper face in the direction of the applied force?
Consumer Surplus
The difference between the maximum price a consumer is willing to pay for a product and the actual price they pay.
Total Consumer Surplus
The sum of the individual consumer surpluses of all the buyers of a good in a market.
Consumer Surplus
The discrepancy between what consumers are prepared and capable of spending on a product or service and what they actually end up spending.
Total Consumer Surplus
Total consumer surplus is the difference between what consumers are willing to pay for a good or service versus what they actually pay, representing the net benefit to consumers.
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