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Author Question: The points along the demand curve represent the maximum willingness of consumers to purchase a ... (Read 94 times)

madam-professor

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on: Jun 30, 2018
The points along the demand curve represent the maximum willingness of consumers to purchase a product.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Total consumer surplus is measured by the total area under the market demand curve and below the equilibrium price.
 a. True
  b. False
  Indicate whether the statement is true or false


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gstein359

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


madam-professor

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Reply #2 on: Jun 30, 2018
Correct answers!


gstein359

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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