Figure 7-4 
-Refer to Figure 7-4.Which area represents the increase in consumer surplus when the price falls from P1 to P2?
Definitions:
Guaranteed Rate
An interest rate or return that is promised by a lender or issuer to an investor for a fixed period.
Discount Factor
A multiplicative factor used in discounted cash flow (DCF) analysis to calculate the present value of future cash flows.
Straight-Line Depreciation
A strategy for apportioning the cost of a concrete asset over its effective life in equal yearly installments.
Net Present Value
A financial metric that calculates the present value of all cash flows (both incoming and outgoing) expected from an investment, adjusted for time and interest.
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