Refer to the Graph Shown

question 40

Multiple Choice

Refer to the graph shown. If consumers had to pay $7.50 per unit for this product instead of $5.00 per unit (because of a price floor or a shift in supply) , consumer surplus would fall from:

• A) 2,000 to 500.
• B) 1,000 to 500.
• C) 1,000 to 250.
• D) 500 to 250.

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Definitions:

'\n'

Represents the newline character in many programming languages, used to move the cursor to the next line of the output.

Format Manipulator

In programming, a tool or method used to control the output format of data, such as setting the number of decimal points for floating-point numbers.

Comment Delimiter

Symbols or sequences of symbols used in programming languages to mark the beginning and end of comments, which are not executed by the compiler.

\\

Represents a backslash character, used as an escape character in strings.