Question: Consumer surplus is defined as: a. When quantity supplied is greater than quantity demanded. b. The money. that the producer gets from a good over

Consumer surplus is defined as:

a. When quantity supplied is greater than quantity demanded.

b. The money. that the producer gets from a good over amount they are willing to set it for

c. the value that the consumer places on a good over the amount they pay for it.

d. when quantity demanded is greater than quantity supplied

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