Figure: Consumer Surplus I
(Figure: Consumer Surplus I) Look at the figure Consumer Surplus I.If the price rises from P₁ to P₂, consumer surplus decreases by the area:
A.ABP₂.
B.AFP₁.
C.BGF.
D.P₁P₂BF.

Question

Quizplus · Accepted Answer

The Answer of Figure: Consumer Surplus I
(Figure: Consumer Surplus I) Look at the figure Consumer Surplus I.If the price rises from P₁ to P₂, consumer surplus decreases by the area:
A.ABP₂.
B.AFP₁.
C.BGF.
D.P₁P₂BF.