Figure: Consumer Surplus Refer to the Figure

question 100

Multiple Choice

Figure: Consumer Surplus Refer to the figure. Calculate the dollar amount of consumer surplus being earned in this market when the price is $30 and there are 300 units consumed.

• A) $4,500
• B) $9,000
• C) $18,000
• D) $450

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Definitions:

Basal Cell Carcinoma

A type of skin cancer originating in the basal cells, characterized by its slow growth and high likelihood of treatment if diagnosed early.

Viral Skin Infection

A viral skin infection is a condition caused by viruses affecting the skin, leading to symptoms like rashes, blisters, and itching, examples include herpes and warts.

Benign Skin

Refers to skin growths or lesions that are non-cancerous and not harmful to health.

Wart

A small, hard, benign growth on the skin, often caused by a virus.