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4.21 Using the point method, what is the price elasticity of demand of product X as price falls from its current
price of $20 to $15?
Old New
Price 20 15
Quantity 10 15
A 0.5
B 1
C 1.5
D 2
答案：D
4.22 Consumer surplus is:
A The excess between what consumers are prepared to pay for a good or service, and the prevailing market price
B The indirect tax producers pay on a good or service
C The marginal utility gained by consuming one more unit of a good or service
D The indirect tax consumers pay on a good or service
答案：A
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