Figure: Consumer Surplus I
(Figure: Consumer Surplus I) Look at the figure Consumer Surplus I.If the price falls from P₂ to P₁, consumer surplus increases by the area:
A.ABP₂.
B.AFP₁.
C.BGF.
D.P₁P₂BF.
Correct Answer:
Verified
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(Figure: Consumer Surplus I)
(Figure: Consumer Surplus II)