According to the graph shown, if the market goes from equilibrium to having its price set at $10 producer surplus will:
A)rise by area B, but fall by area G.
B)rise by area B + C + D + E.
C)rise by area B + C, but fall by area C + G.
D)rise by area B, but fall by area C + G.

Question

According to the graph shown, if the market goes from equilibrium to having its price set at $10 producer surplus will:
A)rise by area B, but fall by area G. 
B)rise by area B + C + D + E. 
C)rise by area B + C, but fall by area C + G. 
D)rise by area B, but fall by area C + G.

Quizplus · Accepted Answer

The Answer of  According to the graph shown, if the market goes from equilibrium to having its price set at $10 producer surplus will:
A)rise by area B, but fall by area G. 
B)rise by area B + C + D + E. 
C)rise by area B + C, but fall by area C + G. 
D)rise by area B, but fall by area C + G.

According to the Graph Shown, If the Market Goes from Equilibrium