No consumer surplus
27 نوفمبر 2021 2021-11-25 20:42No consumer surplus
Is there a situation where the consumer surplus is equal to zero?
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الأستاذ الدكتور نبيل العربي Selected answer as best
Consumer surplus for a product is zero when the demand for the product is perfectly elasctic which means that the good unnecessary (Utility =0) so any change in the price will reduce the consumer surplus to zero .
حسناء أبوبكر خريشي Answered question