Graph 9-4
This graph refers to the market for kiwifruit in New Zealand.
-According to Graph 9-4, consumer surplus in New Zealand before trade the trade in kiwifruit is:
A)a
B)a + b
C)a + b + d

Question

Graph 9-4
This graph refers to the market for kiwifruit in New Zealand. 
-According to Graph 9-4, consumer surplus in New Zealand before trade the trade in kiwifruit is:
A)a 
B)a + b 
C)a + b + d

Quizplus · Accepted Answer

Consumer surplus before trade is represented by the area below the demand curve (D) and above the price (P1), up to the equilibrium quantity (Q1). This area is represented by the sum of a and b. Therefore, the correct answer is B.

Graph 9-4 This Graph Refers to the Market for Kiwifruit in New