Economy, asked by enriquezmercedes, 12 days ago

Make a reaction paper about consumer surplus and related absurdities and do you agree or not agree based on your personal experience knowledge

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Answers

Answered by sinhashalu672
1

Answer:

A consumer surplus happens when the price consumers pay for a product or service is less than the price they're willing to pay. Consumer surplus is based on the economic theory of marginal utility, which is the additional satisfaction a consumer gains from one more unit of a good or service.

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