Question: Consumer surplus is the A . the difference between the maximum price consumers are willing and able to pay and the price actually paid to
Consumer surplus is the
A the difference between the maximum price consumers are willing and able to pay and the price actually paid to producers.
B the difference between the maximum price consumers are willing and able to pay and the minimum price producers are willing to accept.
C the total amount consumers paid for a product.
D the difference between the amount a producer is willing to accept and the price actually received.
E the area under the marginal benefit curve.
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