标题: Reading 14: Efficiency and Equity LOS b习题精选 [打印本页]
作者: honeycfa 时间: 2010-4-16 21:35 标题: [2010]Session 4-Reading 14: Efficiency and Equity LOS b习题精选
LOS b: Distinguish between the price and the value of a product and explain the demand curve and consumer surplus.
Consumer surplus is best described as the:
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A) |
difference between the quantity of a good a consumer purchases and the quantity the consumer is willing to purchase. | |
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B) |
difference between the value a consumer places on a good or service and the amount the consumer has to pay to acquire it. | |
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C) |
amount by which the consumer’s marginal benefit curve lies above a good’s marginal cost. | |
Consumer surplus is the sum of the differences between what a consumer is willing to pay for each unit of a good or service and what that consumer actually pays for each unit.
作者: honeycfa 时间: 2010-4-16 21:35
Consumer surplus is most accurately defined as the difference between the:
|
A) |
value consumers are willing to pay for an additional unit of good or service and the cost of producing the additional unit of the good or service. | |
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B) |
total value consumers place on the quantity of a good purchased, and the total amount they must pay for that quantity. | |
|
C) |
price that a consumer must pay for an additional unit of a good or service and the cost of producing the additional unit of the good or service. | |
For an individual, consumer surplus is defined as the sum of the differences between what that individual is willing to pay for each individual unit of a good or service that he or she purchases (marginal benefit) and the amount that he or she actually pays for each of these individual units.
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