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Author Question: Which of the following statements is nottrue? (Read 96 times)

segrsyd

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Which of the following statements is 
not true?


◦ Consumer surplus measures the difference between the highest price a consumer is willing to pay for a product and the price she actually pays.
◦ Marginal benefit is the additional benefit to a consumer from consuming one more unit of a product.
◦ Consumer surplus measures the net benefit from participating in a market.
◦ Producer surplus measures the total benefit received by producers from participating in a market.


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Marked as best answer by segrsyd on Mar 15, 2019

aburgess

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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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segrsyd

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Reply 2 on: Mar 15, 2019
Great answer, keep it coming :)


blakcmamba

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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