Economics · Consumer Behavior
What is Consumer's Surplus?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Total money spent on the commodity
- 2Utility derived from the commodity - Total utility sacrificed in terms of money spent✓
- 3Total utility sacrificed in terms of money spent
- 4Utility derived from the commodity
Correct answer
Utility derived from the commodity - Total utility sacrificed in terms of money spent
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Consumer Behavior MCQs →Want more practice questions on Consumer Behavior?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Consumer Behavior