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Homework answers / question archive / The difference between the price consumers are willing to pay and the price that they actually pay is known as: A) price discrimination

The difference between the price consumers are willing to pay and the price that they actually pay is known as: A) price discrimination

Economics

The difference between the price consumers are willing to pay and the price that they actually pay is known as:

A) price discrimination.

B) government surplus.

C) producer surplus.

D) consumer surplus

Option 1

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