-Refer to Figure 6.6.Suppose that the equilibrium quantity is 100.Consumer surplus is equal to:

Question

Quizplus · Accepted Answer

Consumer surplus is typically calculated as the area of the triangle above the price level and below the demand curve up to the equilibrium quantity. Without the specific figure, we assume the given options are calculated based on the equilibrium quantity of 100, and $10,000 is the correct consumer surplus value.