According to the graph shown, if the market goes from equilibrium to having its price set at $10:
A)deadweight loss will occur.
B)seven fewer units will be exchanged.
C)consumer surplus will decrease.
D)All of these are correct.

Question

According to the graph shown, if the market goes from equilibrium to having its price set at $10:
A)deadweight loss will occur. 
B)seven fewer units will be exchanged. 
C)consumer surplus will decrease. 
D)All of these are correct.

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)deadweight loss will occur. 
B)seven fewer units will be exchanged. 
C)consumer surplus will decrease. 
D)All of these are correct.

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