(Figure: Equilibrium in the Market for Mechanical Pencils) Consider the figure Equilibrium in the Market for Mechanical Pencils. At the equilibrium price, this market's total producer and consumer surplus equals area:
A)BCDG.
B)AIF.
C)DIF.
D)ADI.

Question

(Figure: Equilibrium in the Market for Mechanical Pencils) Consider the figure Equilibrium in the Market for Mechanical Pencils. At the equilibrium price, this market's total producer and consumer surplus equals area: 
A)BCDG. 
B)AIF. 
C)DIF. 
D)ADI.

Quizplus · Accepted Answer

The Answer of (Figure: Equilibrium in the Market for Mechanical Pencils) Consider the figure Equilibrium in the Market for Mechanical Pencils. At the equilibrium price, this market's total producer and consumer surplus equals area: 
A)BCDG. 
B)AIF. 
C)DIF. 
D)ADI.

(Figure: Equilibrium in the Market for Mechanical Pencils) Consider the Figure