The Consumers' Surplus Derived from the Last Unit of a Good

question 64

Multiple Choice

The consumers' surplus derived from the last unit of a good purchased

• A)tends to be less than 0
• B)tends to be equal to 0
• C)tends to equal the price of the good
• D)tends to be greater than the price of the good
• E)depends on the marginal utility of the first unit purchased

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Definitions:

4-propoxytoluene

An organic compound characterized by a toluene core structure with a propoxy group attached to the para position.

Major Organic Product

The primary substance produced in the highest quantity from an organic chemical reaction.

1-ethoxy-1-methylcyclopentane

A chemical compound that consists of a cyclopentane ring with an ethoxy (-OCH2CH3) and a methyl (CH3) group attached to the same carbon atom.

1-methylcyclopentene

A simple organic compound characterized by a cyclopentene ring with a methyl group attached.