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Carlos buys six new plants for his garden. If he has purchased according to the rational rule, his consumer surplus on the sixth plant is equal to: O zero. O price plus marginal benefit. total benefit minus price. price minus marginal cost.

Carlos buys six new plants for his garden. If he has purchased according to the rational rule, his consumer surplus on the sixth plant is equal to: O zero. O price plus marginal benefit. total benefit minus price. price minus marginal cost.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Carlos buys six new plants for his garden. If he has purchased according to the rational rule, his consumer surplus on the sixth plant is equal to: zero. price plus marginal benefit. total benefit minus price. O price minus marginal cost.
Transcribed Image Text:Carlos buys six new plants for his garden. If he has purchased according to the rational rule, his consumer surplus on the sixth plant is equal to: zero. price plus marginal benefit. total benefit minus price. O price minus marginal cost.
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