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According to the Graph Shown,if the Market Goes from Equilibrium

Question 108

Multiple Choice

According to the graph shown,if the market goes from equilibrium to having its price set at $10 then: A) area (B + C) gets transferred from consumer to producer. B) area (B + C) gets transferred from producer to consumer. C) area B gets transferred from consumer to producer. D) area B gets transferred from producer to consumer. According to the graph shown,if the market goes from equilibrium to having its price set at $10 then:


A) area (B + C) gets transferred from consumer to producer.
B) area (B + C) gets transferred from producer to consumer.
C) area B gets transferred from consumer to producer.
D) area B gets transferred from producer to consumer.

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