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Consumer surplus is equal to the difference between:

1. the maximum price a buyer is willing to pay and the market price.

2. the minimum price a buyer is willing to pay and the market price.

3. the maximum price a seller is willing to accept and the market price

4. the minimum price a seller is willing to accept and the market price.

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Sonal Bahl
Sonal BahlLv10
9 Nov 2020

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