Figure 7-18

-Refer to Figure 7-18.If the price decreases from $22 to $16 due to a shift in the supply curve,consumer surplus increases by
A) $120.
B) $360.
C) $480.
D) $600.

Question

Figure 7-18
 
-Refer to Figure 7-18.If the price decreases from $22 to $16 due to a shift in the supply curve,consumer surplus increases by
A) $120. 
B) $360. 
C) $480. 
D) $600.

Quizplus · Accepted Answer

The Answer of Figure 7-18
 
-Refer to Figure 7-18.If the price decreases from $22 to $16 due to a shift in the supply curve,consumer surplus increases by
A) $120. 
B) $360. 
C) $480. 
D) $600.

Figure 7-18 -Refer to Figure 7-18.If the Price Decreases from $22 to Decreases