Refer to the Graph Shown

question 11

Multiple Choice

Refer to the graph shown. If the price were at the market equilibrium price, the total surplus would be the combination of the areas:

• A) A through F.
• B) A through D.
• C) E and F.
• D) A, B, and E.

---

Definitions:

Mode

The most frequent score.

Median

The median is a measure of central tendency that divides a data set into two equal halves, representing the middle value when the data set is ordered.

Normal Distribution

A distribution of scores in which most people score in the middle and fewer score at the extremes; also known as a “bell curve.”

Bell Curve

A graphical representation of a normal distribution of data, characterized by a symmetric, bell-shaped curve.