Answer each of the following questions about demand and consumer surplus. What is consumer surplus, and how is it measur

[answerhappygod]

Answer each of the following questions about demand and consumer
surplus.
What is consumer surplus, and how is it measured?
What is the relationship between the demand curve and the
willingness to pay?
Other things equal, what happens to consumer surplus if the
price of a good falls? Why? Illustrate
using a demand curve.
In what way does the demand curve represent the benefit
consumers receive from participating in
a market? In addition to the demand curve, what else must be
considered to determine consumer surplus?