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Consumer Surplus is:
  • a)
    What a consumer is ready to pay + what he actually pays
  • b)
    What a consumer is ready to pay – what he actually pays
  • c)
    What he actually pays – what a consumer is ready to pay
  • d)
    None of the above
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consumer Surplus is:a)What a consumer is ready to pay + what he actual...
C)The difference between what a consumer is willing to pay for a good or service and what they actually pay for it.
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Consumer Surplus is:a)What a consumer is ready to pay + what he actually paysb)What a consumer is ready to pay – what he actually paysc)What he actually pays – what a consumer is ready to payd)None of the aboveCorrect answer is option 'B'. Can you explain this answer?
Question Description
Consumer Surplus is:a)What a consumer is ready to pay + what he actually paysb)What a consumer is ready to pay – what he actually paysc)What he actually pays – what a consumer is ready to payd)None of the aboveCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Consumer Surplus is:a)What a consumer is ready to pay + what he actually paysb)What a consumer is ready to pay – what he actually paysc)What he actually pays – what a consumer is ready to payd)None of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consumer Surplus is:a)What a consumer is ready to pay + what he actually paysb)What a consumer is ready to pay – what he actually paysc)What he actually pays – what a consumer is ready to payd)None of the aboveCorrect answer is option 'B'. Can you explain this answer?.
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