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FIGURE 5- 6 -Refer to Figure 5- 6. the Market for Good X

Question 95

Multiple Choice

FIGURE 5- 6 -Refer to Figure 5- 6. The market for good X is in equilibrium at P0 and Q0. Economic surplus is represented by A) areas 2, 3, 4, 6, 7, 8. B) areas 1, 2, 3, 5, 6. C) areas 2, 3, 4, 6, 7, 8, 9. D) areas 1 and 5. E) areas 1, 2, 3, 4, 5, 6, 7, 8. FIGURE 5- 6
-Refer to Figure 5- 6. The market for good X is in equilibrium at P0 and Q0. Economic surplus is represented by


A) areas 2, 3, 4, 6, 7, 8.
B) areas 1, 2, 3, 5, 6.
C) areas 2, 3, 4, 6, 7, 8, 9.
D) areas 1 and 5.
E) areas 1, 2, 3, 4, 5, 6, 7, 8.

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