Consumer surplus is the:_____
a. price of a good expressed in dollars
b. value of a good minus the price paid for it summed over the quantity bought.
c. value of a good expressed in dollars.
d. value of a good plus the price paid for it summed over the quantity bought.

Respuesta :

Answer:

b. value of a good minus the price paid for it summed over the quantity bought.

Explanation:

Answer:

b. value of a good minus the price paid for it summed over the quantity bought.

Explanation:

Consumer surplus is the value of a good minus the price paid for it summed over the quantity bought, it is the difference between the highest price a consumer is willing to pay and the actual market price of the good.