Figure 4.5.1
-Look at the demand curve in Figure 4.5.1. If the price of the product is $4, what is the consumer surplus?
A) $32.50
B) $25.00
C) $20.00
D) $12.50
E) none of the above

Question

Figure 4.5.1
-Look at the demand curve in Figure 4.5.1. If the price of the product is $4, what is the consumer surplus?
A) $32.50 
B) $25.00 
C) $20.00 
D) $12.50 
E) none of the above

Quizplus · Accepted Answer

The Answer of 
Figure 4.5.1
-Look at the demand curve in Figure 4.5.1. If the price of the product is $4, what is the consumer surplus?
A) $32.50 
B) $25.00 
C) $20.00 
D) $12.50 
E) none of the above

Figure 4.5.1 -Look at the Demand Curve in Figure 4.5.1. If the If