NegativeCreep3143 NegativeCreep3143

09-06-2022
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The difference between the maximum price a consumer is willing to pay for a product and the actual price the consumer pays is called.

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bidwelljen0606 bidwelljen0606

14-06-2022

Answer:

Consumer Surplus

Explanation:

Consumer surplus is the difference between the highest price a consumer is willing to pay and the actual price they do pay for the good or the market price.

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