Microeconomics: Principles, Applications, and Tools (8th Edition)

Published by Prentice Hall
ISBN 10: 0-13294-886-9
ISBN 13: 978-0-13294-886-9

Chapter 6 - Market Efficiency and Government Intervention - Exercises - 6.1 Consumer Surplus and Producer Surplus - Page 146: 1.4

Answer

greater; higher

Work Step by Step

The more a consumer is willing to pay, the higher his surplus will be compared to a consumer who is willing to pay less.
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