**Reference: Use the following figure to answer the next four questions (24-27).
-**Suppose the government sets a price ceiling of $50 in this market.What is the maximum level of consumer surplus with the price ceiling?
A) 16,875
B) 11,250
C) 8,437.50
D) 4,843.75

Question

**Reference: Use the following figure to answer the next four questions (24-27). 
-**Suppose the government sets a price ceiling of $50 in this market.What is the maximum level of consumer surplus with the price ceiling?
A) 16,875 
B) 11,250 
C) 8,437.50 
D) 4,843.75

Quizplus · Accepted Answer

The Answer of **Reference: Use the following figure to answer the next four questions (24-27). 
-**Suppose the government sets a price ceiling of $50 in this market.What is the maximum level of consumer surplus with the price ceiling?
A) 16,875 
B) 11,250 
C) 8,437.50 
D) 4,843.75

**Reference: Use the Following Figure to Answer the Next Four