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"the difference between market price and the higher price that some individuals in the market would be willing to pay is"
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"the difference between market price and the higher price that some individuals in the market would be willing to pay is"

User Gurpreet
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1 Answer

1 vote

Answer:

Consumer Surplus

Step-by-step 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.

User Gacha
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