Use the figure below to answer the following questions.

Figure 5.2.1
-Consider the demand curve in Figure 5.2.1. If the price of the good is $4, what is the consumer surplus?
A)$32.50
B)$25.00
C)$20.00
D)$12.50
E)none of the above

Question

Use the figure below to answer the following questions.
  
Figure 5.2.1
-Consider the demand curve in Figure 5.2.1. If the price of the good is $4, what is the consumer surplus?
A)$32.50 
B)$25.00 
C)$20.00 
D)$12.50 
E)none of the above

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following questions.
  
Figure 5.2.1
-Consider the demand curve in Figure 5.2.1. If the price of the good is $4, what is the consumer surplus?
A)$32.50 
B)$25.00 
C)$20.00 
D)$12.50 
E)none of the above

Use the Figure Below to Answer the Following Questions