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When consumers pay less than they are willing to pay for a concert, we say they have obtained consumer surplus. The concept of total consumer
When consumers pay less than they are willing to pay for a concert, we say they have obtained consumer surplus. The concept of total consumer surplus can be shown on a graph as
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
