Assume the market depicted in the graph is in equilibrium. Consumer surplus consists of which area(s)?
A) A
B) A + B + C
C) A + B + C + D + E
D) D + E

Name: Assume the market depicted in the graph is in equilibrium. Consumer surplus consists of which area(s)? A) A B) A + B + C C) A + B + C + D + E D) D + E
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Assume the market depicted in the graph is in equilibrium. Consumer surplus consists of which area(s)?
A) A 
B) A + B + C 
C) A + B + C + D + E 
D) D + E

Quizplus · Accepted Answer

The Answer of  Assume the market depicted in the graph is in equilibrium. Consumer surplus consists of which area(s)?
A) A 
B) A + B + C 
C) A + B + C + D + E 
D) D + E

Assume the Market Depicted in the Graph Is in Equilibrium