Refer to the graph shown. If suppliers can reduce output from M to L, the suppliers excluded from the market will lose the producer surplus shown by area:
A) F.
B) D.
C) E.
D) E and F.

Question

Refer to the graph shown.  If suppliers can reduce output from M to L, the suppliers excluded from the market will lose the producer surplus shown by area:
A) F. 
B) D. 
C) E. 
D) E and F.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown.  If suppliers can reduce output from M to L, the suppliers excluded from the market will lose the producer surplus shown by area:
A) F. 
B) D. 
C) E. 
D) E and F.

Refer to the Graph Shown