Question: Consumer surplus is the a) difference between the amount a consumer is willing to accept and the price actually received. b) difference between the amount

Consumer surplus is the

a) difference between the amount a consumer is willing to accept and the price actually received.

b) difference between the amount a consumer is willing and able to pay and the price actually paid.

c) difference between the amount a consumer is willing and able to pay and the amount a producer is willing to accept.

d) area under the marginal benefit curve.

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