If Harry only pays $25,000 to purchase a new car even though he would have been willing to pay as much as $35,000 for the car, this indicates that
A) Harry is an irrational consumer.
B) The seller earned a $10,000 profit on the sale of the car.
C) Harry reaped $10,000 of consumer surplus from the transaction.
D) The seller received $10,000 worth of producer surplus on the transaction.
Correct Answer:
Verified
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