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+1 vote
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in Economics by (49.3k points)

“The excess of the price which he would be willing to pay rather than go without thing, over which he actually does pay, is the economic measure of the surplus satisfaction. It may be called the consumer’s surplus.” This definition is given by 

(A) Marshall 

(B) Pigou 

(C) Robertson 

(D) More than one of the above 

(E) None of the above

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1 Answer

+1 vote
by (47.3k points)

Correct option is (A) Marshall  

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