Now suppose the demand curve remains constant but the market price of frozen pizzas in Decorah,IA increases to $14 per pizza.The loss in consumer surplus in this market due to the $4 increase in the price of frozen pizza is ________.

A) $4,840
B) $2,080
C) $1,760
D) $320

Question

Now suppose the demand curve remains constant but the market price of frozen pizzas in Decorah,IA increases to $14 per pizza.The loss in consumer surplus in this market due to the $4 increase in the price of frozen pizza is ________.

A) $4,840 
B) $2,080 
C) $1,760 
D) $320

Quizplus · Accepted Answer

The Answer of Now suppose the demand curve remains constant but the market price of frozen pizzas in Decorah,IA increases to $14 per pizza.The loss in consumer surplus in this market due to the $4 increase in the price of frozen pizza is ________.

A) $4,840 
B) $2,080 
C) $1,760 
D) $320

Now Suppose the Demand Curve Remains Constant but the Market