The price of beef and quantity of beef traded are P and Q,respectively.Given this information,consumer surplus is the area: 
Definitions:
Fair Value
A valuation of an asset or liability, determined by the current market prices in a lively market.
Consolidated Buildings
Buildings and related assets that are grouped together on a company's balance sheet after it has combined its financial statements with those of its subsidiaries.
Business Combination
A transaction or other event in which an acquirer gains control of one or more businesses, often involving a merger or acquisition.
Common Stock
A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.
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