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Gala2k [10]
3 years ago
7

The amount by which the total benefits to consumers exceed their total expenditure is called _____, and if the price is b, is de

picted by the area _____.

Business
1 answer:
lesya692 [45]3 years ago
7 0
The amount by which the total benefits to consumers exceed their total expenditure is called consumer surplus, and if the price is b, is depicted by the area <span>BCD</span>.


My response is based on this figure which I've attached. 

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According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation imports?
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Explanation:

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The good that cannot be produced cheaply or has a higher opportunity cost will be imported from the country that produces it cheaply.

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You can also improve your messages through stylistic emphasis in sentence structure and word choice. Which of the following styl
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