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Author Question: Which of the following is the best definition of consumer surplus? (Read 66 times)

caca31

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on: Oct 12, 2022
Which of the following is the best definition of consumer surplus?
◦ the quantity consumed in excess of the allocatively efficient amount
◦ the total value that consumers place on the quantity consumed of some good
◦ the difference between the value that consumers place on a good and the payment they make to buy the good, summed over the quantity consumed
◦ the marginal value that consumers place on the last unit consumed of a good
◦ the value that consumers place on the last unit consumed of a good
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by caca31 on Oct 12, 2022

Yermi196

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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caca31

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

Perkypinki

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Reply 3 on: Yesterday
Excellent

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