Figure 16-11
-Refer to Figure 16-11. How much consumer surplus will be derived from the purchase of this product at the monopolistically competitive price?
A)$250.
B)$500
C)$562.50.
D)$1250.

Question

Figure 16-11 
-Refer to Figure 16-11. How much consumer surplus will be derived from the purchase of this product at the monopolistically competitive price?
A)$250. 
B)$500 
C)$562.50. 
D)$1250.

Quizplus · Accepted Answer

The Answer of Figure 16-11 
-Refer to Figure 16-11. How much consumer surplus will be derived from the purchase of this product at the monopolistically competitive price?
A)$250. 
B)$500 
C)$562.50. 
D)$1250.

Figure 16-11 -Refer to Figure 16-11. How Much Consumer Surplus Will Be