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(Figure: Earned Consumer Surplus) Refer to the Figure

Question 7

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


A) $120,000
B) $60,000
C) $100,000
D) $80,000

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