Refer to the graph shown. Initially, the market is in equilibrium where the demand curve intersects S0. In the initial equilibrium, consumer surplus is equal to: 
Definitions:
Multiple Regression Model
A statistical technique that uses several explanatory variables to predict the outcome of a response variable.
Dependent Variable
A variable whose value depends on that of another, used in experiments to test the effects of changes in an independent variable.
Regression Analysis
A statistical method for estimating the relationships among variables, often used for forecasting and predicting outcomes.
High-low
A technique used in accounting and finance to estimate fixed and variable costs by analyzing the highest and lowest levels of activity.
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