The law of consumer surplus is based on

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter2: Managerial Decision-making
Section2.3: Programmed And Nonprogrammed Decisions
Problem 2CC: Give an example of a nonprogrammed decision.
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23. The law of consumer surplus is based
on
A. O Indifference curve analysis
B. O Revealed preference theory
C. O Law of substitution
D. O The law of diminishing marginal utility
Transcribed Image Text:23. The law of consumer surplus is based on A. O Indifference curve analysis B. O Revealed preference theory C. O Law of substitution D. O The law of diminishing marginal utility
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