Question 67 Not yet answered Marked out of 1.000 \\V Flag question Question 68 Not yet answered Marked out of 1.000 \\V Flag question Question 69 Not yet answered Marked out of 1.000 \\V Flag question 8 moodle.u|eth.ca Apple Google SearchlPerlego H 11111? '1 Tail 2?: " U E2 (page1 of23) UofL Time left 2:18:49 The price of pizza decreases. Everything else remaining the same, the consumer surplus from pizza :1 The consumer surplus for the market from the consumption of the 100th unit of a good is the marginal social benefit of the 100th unit S the price paid for the 100th unit' work best when there is no effective way to distinguish among potential users of a scarce resource. Untitled section 9 Ch 04 - Matching D_e_nit1>n_ 1 2 3 4 Ch 04 - Mu 9 1o 11 12 18 19 20 21 7 E E 5 Ch 04 - Application 31 32 33 34 '35H35H37H38H39' 4o 41 42 43 Ch 05 - Matching Definition 44 45 4e 47 mmm Ch 05 - Multiple Choice 52 53 54 55 |56||57l|5sl 59|leo| G moodle.uleth,ca Apple Google SearchlPerlego Question 70 Not yet answered Marked out of 1.000 \\V Flag question Question 71 Not yet answered Marked out of 1.000 \\V Flag question Question 72 Not yet answered Marked out of 1.000 \\V Flag question Previous page H 11:11? '1 Fall 2 U E2 (page19 of23) UofL Time left 2:18:40 The :1 is based on the idea that people in similar situations should be treated simil . Consider a downwardsloping demand curve. Consumer surplus is :] on the first unit sold than on the last unit sold In competitive equilibrium, marginal social benefit marginal social cost. Ch 04 - Matching Definition 12 3 4'5'6'7'8 Ch 04 - Multiple Choice 9 1o 11 12'13'14'15'16'17' 18 19 20 21 '22' 23' 24' 25 '25' 27 28 29 30 Ch 04 - Application 31 32 33 34'35\"36\"37' 38\"39' Ch 05 - Matching Definition Ch 05 - Multiple Choice '52\"53\"54\"55\"56\"57\"58\"59\"60' mmmmmm G moodle.uleth,ca Apple Boogie SearchlPerlego U ml? '1 Fall 2 U E2 (page Zeof 23) @ UofL ' a: Q i' 73 Time left 2:18:32 i HES Ian :J is the excess of the amount received from the sale of a good or service over the cost of producing Not yet answered it. Ch 04 ' Matching Marked out of Definition \"000 12345678 \\VFIag question Ch 04 - Multiple Choice 9 10 11 12'13I14'15'16'17' Question 74 18 19 20 21 22 23 24 25 25 N A S curve is constructed by adding the quantities demanded by all individuals at each price, 01 yet answered 27 28 29 30 Marked out of 1.000 r Hie Ch 04 - Application dues lOn 31 32 33 34'35I'36H37H38H39' Question 75 The maximum price a consumer is willing to pay for a good is the consumer's [: of the good' . News Ch 05 - Matching answered Marked out of Definition 1.000 I \\V Flag question Ch 05 - Multiple Choice '52H53"54H55H56H57H58' 59H60