Consumer surplus
A. is the area below demand and above market price over all the units consumed.
B. is positive for all but the last unit purchased.
C. for a particular unit of consumption is computed by taking the difference between demand price and market price.
D. added to producer surplus provides a measure of the net gain to society from the production and consumption of the good.
E. all of the above
Answer: E
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From 8 to 11
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