According to the graph shown,total surplus is area:
A)A + B + C.
B)B.
C)A.
D)A + B.

Name: According to the graph shown,total surplus is area: A)A + B + C. B)B. C)A. D)A + B.
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Question

According to the graph shown,total surplus is area:
A)A + B + C. 
B)B. 
C)A. 
D)A + B.

Quizplus · Accepted Answer

Total surplus is the sum of consumer surplus and producer surplus. 
In the graph, area A represents consumer surplus and area B represents producer surplus. Therefore, the total surplus is the sum of A and B, which is option D (A+B).

According to the Graph Shown,total Surplus Is Area