Which of the Following Best Explains the Source of Consumer

question 56

Multiple Choice

Which of the following best explains the source of consumer surplus for Good A?

• A)​Many consumers pay prices that are greater than the equilibrium price of Good A.
• B)​Many consumers would be willing to pay more than the market price for some units of Good A.
• C)​Many consumers think the market price of Good A is greater than its cost.
• D)​Many consumers of Good A place a value on it that is less than the market price.

---

Definitions:

Uterine Lining

The layer of cells that lines the uterus, playing a key role in menstruation and pregnancy; also known as the endometrium.

Organ Formation

The developmental process by which organs are formed from the embryo's tissues during gestation.

Body Plan

The general physical layout of an organism, including the arrangement of its body structures.

Developmental Stage

A phase within a lifecycle marked by distinct physical or physiological changes.