-Refer to the diagram above.If the market price increases to OA,then consumer surplus is
A) equal to OA.
B) zero.
C) increases by BA.
D) equal to OA minus OC.
E) equal to OB minus BA.

Question

-Refer to the diagram above.If the market price increases to OA,then consumer surplus is
A) equal to OA. 
B) zero. 
C) increases by BA. 
D) equal to OA minus OC. 
E) equal to OB minus BA.

Quizplus · Accepted Answer

The Answer of 
-Refer to the diagram above.If the market price increases to OA,then consumer surplus is
A) equal to OA. 
B) zero. 
C) increases by BA. 
D) equal to OA minus OC. 
E) equal to OB minus BA.

-Refer to the Diagram Above