The following table presents the demand schedule for product Z: Assuming that the price of Z at equilibrium is $12, what is the total consumer surplus?
A)$12
B)$11
C)$8
D)$20

Question

The following table presents the demand schedule for product Z:  Assuming that the price of Z at equilibrium is $12, what is the total consumer surplus?
A)$12 
B)$11 
C)$8 
D)$20

Quizplus · Accepted Answer

The Answer of The following table presents the demand schedule for product Z:  Assuming that the price of Z at equilibrium is $12, what is the total consumer surplus?
A)$12 
B)$11 
C)$8 
D)$20

The Following Table Presents the Demand Schedule for Product Z