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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.6
Consumer surplus is defined as?
The difference between the total amount consumers are willing to pay and what they actually pay.
The additional benefit consumers receive from consuming one more unit of a good.
The difference between the quantity supplied and the quantity demanded in a market.
The difference between the total amount producers are willing to sell for and what they actually receive.
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AP Microeconomics - 2.6 Market Equilibrium and Consumer and Producer Surplus
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Consumer Surplus
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About Us
About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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