According to the graph shown, if the market goes from equilibrium to having its price set at $10:
A)total surplus will fall by $30.
B)producer surplus will rise by $45.
C)total surplus will change by $15.
D)consumer surplus will fall by $30.

Question

According to the graph shown, if the market goes from equilibrium to having its price set at $10:
A)total surplus will fall by $30. 
B)producer surplus will rise by $45. 
C)total surplus will change by $15. 
D)consumer surplus will fall by $30.

Quizplus · Accepted Answer

The Answer of  According to the graph shown, if the market goes from equilibrium to having its price set at $10:
A)total surplus will fall by $30. 
B)producer surplus will rise by $45. 
C)total surplus will change by $15. 
D)consumer surplus will fall by $30.

According to the Graph Shown, If the Market Goes from Equilibrium