Assume the market depicted in the graph is in equilibrium at demand (D)and supply (S₁). Consumer surplus is: A)greater than it is when market is in equilibrium at D and S₂. B)less than it is when market is in equilibrium at D and S₂. C)the same as it is when market is in equilibrium at D and S₂. D)zero.

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The Answer of Assume the market depicted in the graph is in equilibrium at demand (D)and supply (S₁). Consumer surplus is: A)greater than it is when market is in equilibrium at D and S₂. B)less than it is when market is in equilibrium at D and S₂. C)the same as it is when market is in equilibrium at D and S₂. D)zero.

Assume the Market Depicted in the Graph Is in Equilibrium