Consumer surplus can be found by computing the area _____ the _____ curve and _____ the price.
A) above; supply ; below
B) below; supply; above
C) below; demand; above
D) below; demand; below

Question

Quizplus · Accepted Answer

Consumer surplus is the area below the demand curve and above the price level, representing the difference between what consumers are willing to pay and what they actually pay.

Consumer Surplus Can Be Found by Computing the Area _____