Consumer surplus is:

CA Foundation · Business Economics · PYQS · January 2026
Consumer surplus is:
(A) A. What a consumer is ready to pay over what he actually pays
(B) B. Necessaries and comforts needed by a consumer
(C) C. Desire or wish to buy a commodity backed by adequate ability and willingness to pay
(D) D. Actual demand by a consumer

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. What a consumer is ready to pay over what he actually pays

Topics: Theory of Demand and Supply

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