QUESTIONS Please select all that are true regarding consumer surplus: _ Consumer surplus '5 sum of all 3Q combinations where willingness to pay exceeds market price on the supply side [ ] Consumer surplus '5 sum of all F'Q combinations where willingness to pay exceeds market price on the demand side Consumer surplus 's an economic rent since it represents an incentive above the minimum to transact (exchange) Consumer surplus 's over the demand curve in the output market _ Consumer surplus '3 sum of all 3Q combinations where willingness to accept exceeds market price on the demand side El Consumer surplus '5 affected by changes in price elasticity of demand _ Consumer surplus '5 under the demand curve in the output market Consumer surplus '5 sum of all F'Q combinations where willingness to pay less than market price on the demand side