Figure 7-21
-Refer to Figure 7-21.Which area represents total surplus in the market when the price is P1?
A)A+B
B)B+C
C)C+D
D)A+B+C+D

Name: Figure 7-21 -Refer to Figure 7-21.Which area represents total surplus in the market when the price is P1? A)A+B B)B+C C)C+D D)A+B+C+D
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Question

Figure 7-21 
-Refer to Figure 7-21.Which area represents total surplus in the market when the price is P1?
A)A+B 
B)B+C 
C)C+D 
D)A+B+C+D

Quizplus · Accepted Answer

The Answer of Figure 7-21 
-Refer to Figure 7-21.Which area represents total surplus in the market when the price is P1?
A)A+B 
B)B+C 
C)C+D 
D)A+B+C+D

Figure 7-21 -Refer to Figure 7-21.Which Area Represents Total Surplus in the Surplus