Refer to the Graph Shown

question 49

Multiple Choice

Refer to the graph shown. If consumers had to pay $13 per unit for this product instead of $10 per unit, consumer surplus would fall from:

• A) 2,250 to 1,125.
• B) 1,125 to 810.
• C) 1,500 to 810.
• D) 1,125 to 405.

---

Definitions:

Population Growth

The increase in the number of individuals in a population, commonly expressed as an annual percentage.

Dismal Science

A nickname for economics, stemming from its predictions and analyses that often focus on the limitations and constraints of economic activities.

Average Workweek

The standard number of hours worked in a week by employees in a particular sector, industry, or economy.

Industrialized Countries

Nations characterized by significant industrial activity, a high level of development, and a strong economy.