Question: Consumer surplus is A . the difference between the highest price a consumer is willing to pay and the price the consumer actually pays. B
Consumer surplus is
A the difference between the highest price a consumer is willing to pay and the price the consumer actually pays.
B the difference between the lowest price a firm would be willing to accept and the price it actually receives.
C the difference between the highest price a consumer is willing to pay and marginal benefit.
D the difference between the highest price a consumer is willing to pay and the lowest price a firm would be willing to accept.
E the highest price a consumer is willing to pay to consume a good or service.
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