question why is there consumer surplus? select the correct answer below: because some people are unwilling…

question why is there consumer surplus? select the correct answer below: because some people are unwilling to purchase a good or service. because some people arent willing to purchase a product at equilibrium price. because some people are not willing to pay more for a product than equilibrium price. because some people are willing to pay more for a product than equilibrium price.

question why is there consumer surplus? select the correct answer below: because some people are unwilling to purchase a good or service. because some people arent willing to purchase a product at equilibrium price. because some people are not willing to pay more for a product than equilibrium price. because some people are willing to pay more for a product than equilibrium price.

Answer

Brief Explanations:

Consumer surplus is the difference between what consumers are willing to pay and what they actually pay (the equilibrium price). When some consumers are willing to pay more than the equilibrium price, this creates a surplus.

Answer:

Because some people are willing to pay more for a product than equilibrium price.