Assume the market depicted in the graph is in equilibrium at demand (D) and supply (S₁). Consumer surplus is: A) greater than it is when market is in equilibrium at D and S₂. B) less than it is when market is in equilibrium at D and S₂. C) the same as it is when market is in equilibrium at D and S₂. D) zero.

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The Answer of Assume the market depicted in the graph is in equilibrium at demand (D) and supply (S₁). Consumer surplus is: A) greater than it is when market is in equilibrium at D and S₂. B) less than it is when market is in equilibrium at D and S₂. C) the same as it is when market is in equilibrium at D and S₂. D) zero.

Assume the Market Depicted in the Graph Is in Equilibrium