Refer to the information provided in Figure 4.6 below to answer the questions that follow.
Equilibrium in this market occurs at the intersection of curves S and D. Figure 4.6
-In figure 4.6 at equilibrium, consumer surplus is area
A) A.
B) A+B+C.
C) G.
D) E+F+G.

Question

Refer to the information provided in Figure 4.6 below to answer the questions that follow.
Equilibrium in this market occurs at the intersection of curves S and D.  Figure 4.6
-In figure 4.6 at equilibrium, consumer surplus is area
A) A. 
B) A+B+C. 
C) G. 
D) E+F+G.

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Figure 4.6 below to answer the questions that follow.
Equilibrium in this market occurs at the intersection of curves S and D.  Figure 4.6
-In figure 4.6 at equilibrium, consumer surplus is area
A) A. 
B) A+B+C. 
C) G. 
D) E+F+G.

Refer to the Information Provided in Figure 4