-Refer to the diagram above.At the equilibrium quantity,if every consumer is charged the maximum price each is willing to pay,consumer surplus
A) will increase.
B) will be unchanged.
C) is equal to producer surplus.
D) is equal to consumer surplus.
E) is higher than before.

Question

-Refer to the diagram above.At the equilibrium quantity,if every consumer is charged the maximum price each is willing to pay,consumer surplus
A) will increase. 
B) will be unchanged. 
C) is equal to producer surplus. 
D) is equal to consumer surplus. 
E) is higher than before.

Quizplus · Accepted Answer

The Answer of 
-Refer to the diagram above.At the equilibrium quantity,if every consumer is charged the maximum price each is willing to pay,consumer surplus
A) will increase. 
B) will be unchanged. 
C) is equal to producer surplus. 
D) is equal to consumer surplus. 
E) is higher than before.

-Refer to the Diagram Above