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.

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.

disadvantages of leasing a vehicle: no vehicle equity and mileage limitations

disadvantages of purchasing a vehicle: large down payment and vehicle depreciation

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hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi