-In the figure above,the equilibrium market price is $20.Area A is the
A) marginal cost of 150th unit.
B) willingness to pay for the 150th unit.
C) producer surplus.
D) consumer surplus.
E) marginal benefit of 150th unit.

Question

-In the figure above,the equilibrium market price is $20.Area A is the
A) marginal cost of 150th unit. 
B) willingness to pay for the 150th unit. 
C) producer surplus. 
D) consumer surplus. 
E) marginal benefit of 150th unit.

Quizplus · Accepted Answer

The Answer of 
-In the figure above,the equilibrium market price is $20.Area A is the
A) marginal cost of 150th unit. 
B) willingness to pay for the 150th unit. 
C) producer surplus. 
D) consumer surplus. 
E) marginal benefit of 150th unit.

-In the Figure Above,the Equilibrium Market Price Is $20