{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-24T10:09:42-04:00", "answer_date": "2024-05-24 10:09:42", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1624457", "url": "\/study-help\/questions\/what-is-meant-by-consumer-surplus-ait-is-the-net-1624457", "question_creation_date_js": "2024-05-24T10:09:42-04:00", "question_creation_date": "May 24, 2024 10:09 AM", "meta_title": "[Solved] What is meant by consumer surplus? a)It i | SolutionInn", "meta_description": "Answer of - What is meant by consumer surplus? a)It is the net gain that buyers obtain from purchasing agood. b)It is the area enc | SolutionInn", "meta_keywords": "meant,consumer,surplus,net,gain,buyers,obtain,purchasing,agood,area,enclosed,demand", "question_title_h1": "What is meant by consumer surplus? a)It is the net gain that buyers obtain from purchasing agood. b)It is the area enclosed by the demand", "question_title": "What is meant by consumer surplus? a)It is the net gain that", "question_title_for_js_snippet": "What is meant by consumer surplus a)It is the net gain that buyers obtain from purchasing agood b)It is the area enclosed by the demand and supply curves c)It is the difference between the goods price and its cost perunit d)It is the maximum monetary amount that a person would bewilling to pay for a good e)It is the total satisfaction from the consumption of agood ", "question_description": "

What is meant by consumer surplus?<\/p>

a)It is the net gain that buyers obtain from purchasing agood.<\/p>

b)It is the area enclosed by the demand and supply curves.<\/p>

c)It is the difference between the good\u2019s price and its cost perunit.<\/p>

d)It is the maximum monetary amount that a person would bewilling to pay for a good.<\/p>

e)It is the total satisfaction from the consumption of agood.<\/p><\/div>", "transcribed_text": "", "related_book": { "title": "Entrepreneurial Finance", "isbn": "1305968352, 978-1337635653, 978-1305968356", "edition": "6th edition", "authors": "J. Chris Leach, Ronald W. Melicher", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1482.jpg", "uri": "\/textbooks\/entrepreneurial-finance-6th-edition-1482", "see_more_uri": "\/textbooks\/business-income-tax-3316" }, "free_related_book": { "isbn": "1134741545", "uri": "\/textbooks\/farmer-jane-women-changing-the-way-we-eat-1st-edition-9781134741540-388018", "name": "Farmer Jane Women Changing The Way We Eat", "edition": "1st Edition" }, "question_posted": "2024-05-24 10:09:42", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/an-asset-with-a-first-cost-of-9000-is-depreciated", "description": "An asset with a first cost of $9000 is depreciated by MACRS over a 5-year recovery period. 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