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Advanced Business Economics
?
Which is not measured by consumer surplus?
The difference between what an individual is willing to pay and what she has to pay for a good.
How much extra of a good an individual consumes when the price falls.
The area under the (compensated) demand curve.
The value of a government project.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (B)
How much extra of a good an individual consumes when the price falls.
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