Figure 15-7 -Refer to Figure 15-7.What Area Represents the Total Surplus Lost

question 359

Multiple Choice

Figure 15-7

-Refer to Figure 15-7.What area represents the total surplus lost due to monopoly pricing?

• A) the rectangle (F-D)xA
• B) the triangle 1/2[(F-D)x(B-A)]
• C) the triangle 1/2[(F-G)x(B-A)]
• D) the rectangle (F-D)xA plus the triangle 1/2[(F-D)x(B-

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