Use the Following to Answer Question

question 215

Multiple Choice

Use the following to answer question:
-(Figure: The Market for Hamburgers) Look at the figure The Market for Hamburgers.The maximum total surplus for the market is _____,and it occurs at a price equal to _____.

• A)$550;$1.50
• B)$600;$1.50
• C)$1,050;$2
• D)Not enough information is provided to answer this question,since the maximum total surplus could occur anywhere.