Figure 7-4
-Refer to Figure 7-4.When the price falls from P1 to P2,which area represents the increase in consumer surplus to existing buyers?
A)BDF
B)AFG
C)BCGD
D)ABC

Question

Figure 7-4 
-Refer to Figure 7-4.When the price falls from P1 to P2,which area represents the increase in consumer surplus to existing buyers?
A)BDF 
B)AFG 
C)BCGD 
D)ABC

Quizplus · Accepted Answer

The Answer of Figure 7-4 
-Refer to Figure 7-4.When the price falls from P1 to P2,which area represents the increase in consumer surplus to existing buyers?
A)BDF 
B)AFG 
C)BCGD 
D)ABC

Figure 7-4 -Refer to Figure 7-4.When the Price Falls from P1 to from P1