The following figure depicts the market demand for gasoline. Suppose that the price of gasoline rises from US$2 to US$3 per gallon. Which areas represent the changes in (i) expenditure, and (ii) buyer surplus? 
A) (i) Area 0zwt. (ii) Area twu.
B) (i) Area 0srv. (ii) Area vru.
C) (i) Area 0zwt minus area 0srv. (ii) Area twu minus area vru.
D) None of the above.
Correct Answer:
Verified
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