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5 July, 14:41

Consumer surplus is equal to the a. Value to buyers - Amount paid by buyers. b. Amount paid by buyers - Costs of sellers. c. Value to buyers - Costs of sellers. d. Value to buyers - Willingness to pay of buyers.

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  1. 5 July, 15:35
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    a. Value to buyers - Amount paid by buyers

    Explanation:

    Consumer surplus is the area above the price and below the demand curve. It is the difference of value to the buyers and actual amount paid by the buyers.
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