Which of the Following Is True About Consumer Surplus?​

question 90

Multiple Choice

Which of the following is true about consumer surplus?​

• A)​Consumer surplus is how much more consumers have to pay than they are willing to pay.
• B)​Consumer surplus is shown graphically as the area under the demand curve but above the supply curve.
• C)​An increase in the market price due to a decrease in supply will increase consumer surplus.
• D)​A decrease in market price due to an increase in supply will increase consumer surplus.

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