The consumers' surplus derived from the last unit of a good purchased
A)tends to be less than 0
B)tends to be equal to 0
C)tends to equal the price of the good
D)tends to be greater than the price of the good
E)depends on the marginal utility of the first unit purchased

Question

Quizplus · Accepted Answer

The consumers' surplus from the last unit of a good purchased tends to be equal to 0 because the consumer buys additional units until the marginal utility equals the price, leaving no surplus.

The Consumers' Surplus Derived from the Last Unit of a Good