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MMLU-Pro / 7010 / What is meant by consumers' surplus?

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

What is meant by consumers' surplus?

category

economics

options

  1. Consumers' surplus is the tax imposed on consumers by the government
  2. Consumers' surplus is the extra cost consumers have to pay due to high demand
  3. Consumers' surplus is the amount of goods consumers receive for free as part of a promotion
  4. Consumers' surplus is the savings consumers accumulate over time by choosing cheaper alternatives
  5. Consumers' surplus is the surplus of value consumers receive from all prior units, which have higher (marginal) utilities than the last unit bought.
  6. Consumers' surplus is the additional utility gained by consumers from purchasing luxury items
  7. Consumers' surplus is the discount offered by sellers during a sale period
  8. Consumers' surplus is the additional profit made by sellers

src

stemez-Economics

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Source and history

upstream_id / Original problem ID
7010
task_id
8ce85f20-0b18-53b2-89b5-6b3b7f9638f5
task_key
default--test--7010
task_revision_id
1
config / split
default / test

Official source

initial import