(Figure: Earned Consumer Surplus) Refer to the figure. The market price of the product is $20 per unit. Calculate the dollar amount of consumer surplus being earned in this market. Figure: Earned Consumer Surplus
A) $120,000
B) $60,000
C) $100,000
D) $80,000

Question

(Figure: Earned Consumer Surplus) Refer to the figure. The market price of the product is $20 per unit. Calculate the dollar amount of consumer surplus being earned in this market. Figure: Earned Consumer Surplus 
A) $120,000 
B) $60,000 
C) $100,000 
D) $80,000

Quizplus · Accepted Answer

The Answer of (Figure: Earned Consumer Surplus) Refer to the figure. The market price of the product is $20 per unit. Calculate the dollar amount of consumer surplus being earned in this market. Figure: Earned Consumer Surplus 
A) $120,000 
B) $60,000 
C) $100,000 
D) $80,000

(Figure: Earned Consumer Surplus) Refer to the Figure