Subjective worth of Consumer Surplus

The consumer gains from being capable to purchase at a single price rather than paying all that the particular quantity of the good is subjectively worth are: (i) Adverse selections. (ii) Market exploitation. (iii) Consumer surpluses. (iv) Moral hazards.

Can someone please help me in finding out the accurate answer from the above options.

View Complete Question

Related Questions in Macroeconomics

Q : Law of equal marginal advantage The law

The law of equivalent marginal advantage is violated when people: (1) think about paying a higher price that ensures better quality. (2) elect a general as president while war clouds threaten. (3) fail to allocate similar resources within equally valu

Q : Plan and non-plan expenditure Write a

Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure

Q : Repayment of loan-Capital expenditure

Why the repayment of loan is a capital expenditure? Answer: Repayment of loan is taken as a capital expenditure since it diminishes the liabilities of Government.

Q : Problem on perfect replacements Imports

Imports and American cars are much close however not perfect replacements. When the U.S. govt. tried to enhance American car sales by setting a price ceiling of P1 on imported cars: (i) The quantity of cars imported will drop/fall from Q0 to Q1. (ii)

Q : How prices allocate resources How

How prices allocate resources?

Q : Equal Marginal advantage law Assume

Assume that you receive $18 worth of “jollies” (that is, satisfaction, utility or pleasure) from the very first hole of golf played on a particular day, and that your extra jollies from succeeding holes drops $1 for each and every hole played. You should p

Q : Agency function of Commercial Bank Name

Name the six agency function of Commercial Bank. Answer: A) Transfer of funds B) Collection of funds C) Purchase and sale of securities. D) Collection of dividends E) Payment of bills &

Q : Explain the term Macroeconomics

Macroeconomics is a study of: (1) the economy as an entire or in the aggregate. (2) worldwide economic problems of individual households. (3) interactions among firms and households in one exact market or industry. (4) the rising income inequality wit

Q : What is Bank rate Bank rate : This is

Bank rate: This is the rate at which the central bank loans money to commercial bank.

Q : Problem onto marginal tax rates A

A prosperous person who made higher and higher incomes yearly would possibly benefit most from: (w) proportional tax system. (x) progressive tax system, much like the one in place today. (y) regressive tax system. (z) fixed percentage tax system.

Discover Q & A

Leading Solution Library

Avail More Than 1420412 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1932769
Asked

3,689

Active Tutors

1420412

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment