Refer to the graph shown. Initially, the market is in equilibrium where the demand curve intersects S₀. In the initial equilibrium, consumer surplus is equal to: A) 750. B) 1,500. C) 2,250. D) 3,000.

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The Answer of Refer to the graph shown. Initially, the market is in equilibrium where the demand curve intersects S₀. In the initial equilibrium, consumer surplus is equal to: A) 750. B) 1,500. C) 2,250. D) 3,000.

Refer to the Graph Shown