Refer to the Graph Shown

question 58

Multiple Choice

Refer to the graph shown. An effective price ceiling at Pc causes producer surplus to:

• A) change from areas C + D + F to areas B + C + D.
• B) change from areas A + B + E to areas A + B + C.
• C) fall from areas C + D + F to area D.
• D) fall from areas A + B + E to area A.