The following figure shows the demand and supply curves for a product. At an artificially imposed price of $12, estimate the consumer surplus.
A)$1125
B)$625
C)$825
D)$1300

Question

The following figure shows the demand and supply curves for a product. At an artificially imposed price of $12, estimate the consumer surplus. 
A)$1125 
B)$625 
C)$825 
D)$1300

Quizplus · Accepted Answer

The Answer of The following figure shows the demand and supply curves for a product. At an artificially imposed price of $12, estimate the consumer surplus. 
A)$1125 
B)$625 
C)$825 
D)$1300

The Following Figure Shows the Demand and Supply Curves for a Product