Consider the Market to Be in Equilibrium with Demand Curve

question 142

Multiple Choice

Consider the market to be in equilibrium with demand curve D and supply curve S.
-Refer to the diagram above.In the absence of a tax,total economic surplus in the market is

• A) $64.
• B) $40.
• C) $32.
• D) $16.
• E) $8.

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