Consumer Surplus Is the Area

question 126

Multiple Choice

Consumer surplus is the area

• A) below the supply curve and above the market price.
• B) above the demand curve and below the market price.
• C) above the supply curve and below the market price.
• D) below the demand curve and above the supply curve.
• E) below the demand curve and above the market price.

---

Definitions:

Years Old

A measurement of age or the duration of time that a person or object has existed.

Psychological Disorder

A disorder of the mind involving thoughts, behaviors, and emotions that cause either self or others significant distress.

Suicide

The act of intentionally causing one's own death.

Percentage

A mathematical term representing a fraction of 100, commonly used to describe proportions or ratios.