The following figure illustrates the market demand curve for wine.

-Refer to the figure above. What is the market-wide consumer surplus when the market price of wine is $9 per bottle?
A) $180,000
B) $90,000
C) $60,000
D) $210,000

Question

The following figure illustrates the market demand curve for wine.
 
-Refer to the figure above. What is the market-wide consumer surplus when the market price of wine is $9 per bottle?
A) $180,000 
B) $90,000 
C) $60,000 
D) $210,000

Quizplus · Accepted Answer

The Answer of The following figure illustrates the market demand curve for wine.
 
-Refer to the figure above. What is the market-wide consumer surplus when the market price of wine is $9 per bottle?
A) $180,000 
B) $90,000 
C) $60,000 
D) $210,000

The Following Figure Illustrates the Market Demand Curve for Wine