According to the graph shown:
A) consumer surplus is greater than producer surplus.
B) producer surplus is greater than consumer surplus.
C) total surplus is smaller than consumer surplus.
D) total surplus is smaller than producer surplus.

Question

According to the graph shown:
A) consumer surplus is greater than producer surplus. 
B) producer surplus is greater than consumer surplus. 
C) total surplus is smaller than consumer surplus. 
D) total surplus is smaller than producer surplus.

Quizplus · Accepted Answer

The Answer of  According to the graph shown:
A) consumer surplus is greater than producer surplus. 
B) producer surplus is greater than consumer surplus. 
C) total surplus is smaller than consumer surplus. 
D) total surplus is smaller than producer surplus.

According to the Graph Shown