In the provided graph, the equilibrium point in the market is where the S and D curves intersect. At equilibrium, the minimum acceptable total revenue that sellers would have been willing to receive is represented by the area
A)b.
B)b + c.
C)a + b.
D)c.

Question

In the provided graph, the equilibrium point in the market is where the S and D curves intersect. At equilibrium, the minimum acceptable total revenue that sellers would have been willing to receive is represented by the area
A)b. 
B)b + c. 
C)a + b. 
D)c.

Quizplus · Accepted Answer

The Answer of  In the provided graph, the equilibrium point in the market is where the S and D curves intersect. At equilibrium, the minimum acceptable total revenue that sellers would have been willing to receive is represented by the area
A)b. 
B)b + c. 
C)a + b. 
D)c.

In the Provided Graph, the Equilibrium Point in the Market