Refer to the diagram. Assuming equilibrium price P₁, consumer surplus is represented by areas A)a + b. B)a + b + c + d. C)c + d. D)a + c.

Name: Refer to the diagram. Assuming equilibrium price P 1 , consumer surplus is represented by areas A)a + b. B)a + b + c + d. C)c + d. D)a + c.
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The Answer of Refer to the diagram. Assuming equilibrium price P₁, consumer surplus is represented by areas A)a + b. B)a + b + c + d. C)c + d. D)a + c.

Refer to the Diagram