By Definition, a Consumer's Surplus Occurs When ________

By definition, a consumer's surplus occurs when ________.

A) there are more buyers for a product than units of the product available for sale
B) there are more units of a product available for sale than buyers of the product
C) consumers purchase a product at a price greater than the utility of the product
D) consumers purchase a product at a price less than the utility of the product
E) consumers assign a lower utility to a product than marketers had expected