-In the figure above, the equilibrium market price is $20. Area A is the
A) marginal cost of 150th unit.
B) willingness to pay for the 150th unit.
C) marginal benefit of 150th unit.
D) producer surplus.
E) consumer surplus.

Question

-In the figure above, the equilibrium market price is $20. Area A is the
A) marginal cost of 150th unit. 
B) willingness to pay for the 150th unit. 
C) marginal benefit of 150th unit. 
D) producer surplus. 
E) consumer surplus.

Quizplus · Accepted Answer

The Answer of 
-In the figure above, the equilibrium market price is $20. Area A is the
A) marginal cost of 150th unit. 
B) willingness to pay for the 150th unit. 
C) marginal benefit of 150th unit. 
D) producer surplus. 
E) consumer surplus.

-In the Figure Above, the Equilibrium Market Price Is $20