Use the figure below to answer the following questions. 
Figure 12.3.3
-Consider Figure 12.3.3.If this is a single-price monopoly,which area indicates consumer surplus?
Definitions:
Beer
An alcoholic beverage made from the fermentation of cereal grains, primarily barley, with water, hops, and yeast.
Price
The total money amount anticipated, required, or offered in exchange for an item.
Budget Constraint
An economic model that represents all the combinations of goods and services that a consumer can afford, given current prices within his or her income level.
Opportunity Set
In finance and economics, the range of choices available to investors and consumers, including different combinations of goods, services, or assets that can be chosen for investment or consumption.
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