Refer to the Graph Shown

question 121

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.

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Definitions:

Closeness

The feeling of being emotionally close or intimate with another person, characterized by mutual trust, sharing, and affection.

Knowledge

Facts, information, or skills acquired through experience or education; the theoretical or practical understanding of a subject.

Trust

The belief in the reliability, truth, ability, or strength of someone or something, fundamental to building and maintaining social relationships.

Parasocial Relationships

Individuals’ relationships with people in the media, including celebrities, television characters, and athletes.