Economics (AS & A Level) · Feb / March 2021 · Paper 12 · Question 8

Which example of consumer behaviour would create consumer surplus?

1. Awhen a consumer does not spend all of her income each month
2. Bwhen a consumer pays less than they are willing to pay for a good
3. Cwhen a consumer throws away vegetables because they bought too much
4. Dwhen a good is purchased in order to resell it at a higher price

As printed in the paper