-Refer to the diagram above.The total economic surplus when the market is unregulated is represented by the area
A) XYW.
B) XZW.
C) NTW.
D) XMN.
E) ZYW.

Name: -Refer to the diagram above.The total economic surplus when the market is unregulated is represented by the area A) XYW. B) XZW. C) NTW. D) XMN. E) ZYW.
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Question

-Refer to the diagram above.The total economic surplus when the market is unregulated is represented by the area
A) XYW. 
B) XZW. 
C) NTW. 
D) XMN. 
E) ZYW.

Quizplus · Accepted Answer

The total economic surplus when the market is unregulated is represented by the area above the supply curve and below the demand curve. This area is represented by triangle XZW.

-Refer to the Diagram Above