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Table 7-16 -Refer to Table 7-16. Both the Demand Curve and the Curve

Question 104

Multiple Choice

Table 7-16 Table 7-16   -Refer to Table 7-16. Both the demand curve and the supply curve are straight lines. If the price is $4 but only 6 units are bought and sold, total surplus will be A) $42. B) $48. C) $54. D) $60.
-Refer to Table 7-16. Both the demand curve and the supply curve are straight lines. If the price is $4 but only 6 units are bought and sold, total surplus will be


A) $42.
B) $48.
C) $54.
D) $60.

Correct Answer:

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