HP TET Arts Commission 2016
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The consumer's surplus can be defined as
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Q:1)
The consumer's surplus can be defined as
A
Extra units of a commodity bought.
Incorect !
B
Surplus commodity left after consumption.
Incorect !
C
Difference between actual price and potential price.
Correct !
D
Total consumer satisfaction.
Incorect !
Answer:
C
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HP TET Arts Commission 2016
Exam Group:
TET
Series:
B
Year:
2016
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