Answer
larger
Work Step by Step
Consumers on the high end of the demand curve have a higher willingness to pay, so a greater potential for a surplus.
Microeconomics: Principles, Applications, and Tools (8th Edition)
by O'Sullivan, Arthur; Sheffrin, Steven; Perez, Stephen
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: 1.7
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