If you pay a price exactly equal to your marginal benefit, then your consumer surplus is:
A)$0.
B)less than the producer surplus.
C)impossible to determine.
D)greater than the opportunity cost of the good.

Question

Quizplus · Accepted Answer

Consumer surplus is the difference between what a consumer is willing to pay and what they actually pay. If you pay a price exactly equal to your marginal benefit, there is no difference, so your consumer surplus is $0.

If You Pay a Price Exactly Equal to Your Marginal