In the provided graph, the equilibrium point in the market is where the S and D curves intersect. At equilibrium, the minimum acceptable total revenue that sellers would have been willing to receive is
Represented by the area
A) b.
B) b + c.
C) a + b.
D) c.

Question

In the provided graph, the equilibrium point in the market is where the S and D curves intersect. At equilibrium, the minimum acceptable total revenue that sellers would have been willing to receive is
Represented by the area
A) b. 
B) b + c. 
C) a + b. 
D) c.

Quizplus · Accepted Answer

The Answer of  In the provided graph, the equilibrium point in the market is where the S and D curves intersect. At equilibrium, the minimum acceptable total revenue that sellers would have been willing to receive is
Represented by the area
A) b. 
B) b + c. 
C) a + b. 
D) c.

In the Provided Graph, the Equilibrium Point in the Market