The Benefit That Consumers Get When They Buy Goods at the Equilibrium

question 118

Multiple Choice

The benefit that consumers get when they buy goods at the equilibrium price but were willing to pay more is called

• A)Marginal utility.
• B)The law of demand.
• C)Consumer surplus.
• D)Maximum price.

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Definitions:

Direct Non-Controlling Interest

A portion of equity in a subsidiary not attributable directly to the parent company, representing minority shareholders' stake in the entity.

Direct Non-Controlling Interest

A proportional interest in a subsidiary not held by the parent company, representing a share in the equity and profits of the subsidiary.