Figure 7-8
-Refer to Figure 7-8.If the government imposes a price floor of $100 in this market,then consumer surplus will decrease by
A)$150.
B)$325.
C)$650.
D)$675.

Question

Figure 7-8 
-Refer to Figure 7-8.If the government imposes a price floor of $100 in this market,then consumer surplus will decrease by
A)$150. 
B)$325. 
C)$650. 
D)$675.

Quizplus · Accepted Answer

The Answer of Figure 7-8 
-Refer to Figure 7-8.If the government imposes a price floor of $100 in this market,then consumer surplus will decrease by
A)$150. 
B)$325. 
C)$650. 
D)$675.

Figure 7-8 -Refer to Figure 7-8.If the Government Imposes a Price Floor