The points along the supply curve represent the maximum ...

[Melani1276]

The points along the supply curve represent the maximum willingness of firms to accept payment for a product offered for sale at various prices.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Consumer surplus measures the value between the price consumers are willing to pay for a product and the preference price.
 a. True
  b. False
  Indicate whether the statement is true or false

[mmpiza]

Answer to Question 1

False

Answer to Question 2

False