Which of the Following Statements Best Describes the Concept of Consumer

question 90

Multiple Choice

Which of the following statements best describes the concept of consumer surplus?

• A)"I paid $89 for a microwave oven last week.This week the same store is selling the same microwave oven for $69."
• B)"I sold my hard copy of Harry Potter and the Half-Blood Prince to a used book store for $10 even though I was willing to sell it for $5."
• C)"Target was having a sale on tube socks so I bought 5 pairs."
• D)"I was going to pay $200 for new sunglasses that I had seen at the Oakley store but I ended up paying only $140 for the same sunglasses."

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Definitions:

Currency Field

A database or form field designed specifically to hold monetary values in various currencies.

Table Datasheet View

A spreadsheet-like view that displays the data in a table format, often found in database and spreadsheet applications.

Single-Value Lookup Field

A database column that matches a single value from one table to a corresponding value in another table, facilitating data retrieval.

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity.