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Use the Following to Answer Question

Question 63

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Use the following to answer question
Figure: Interpreting Surplus Use the following to answer question Figure: Interpreting Surplus -(Figure: Interpreting Surplus) In the supply/demand graph: A) consumer surplus is $50,000 and producer surplus is $100,000. B) total market surplus is $200,000. C) total market surplus is $50,000. D) consumer surplus exceeds producer surplus.
-(Figure: Interpreting Surplus) In the supply/demand graph:


A) consumer surplus is $50,000 and producer surplus is $100,000.
B) total market surplus is $200,000.
C) total market surplus is $50,000.
D) consumer surplus exceeds producer surplus.

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