(Figure: Determining Surplus 3) in the Graph, Consumer Surplus Is

question 79

Multiple Choice

(Figure: Determining Surplus 3) In the graph, consumer surplus is equal to

• A) $60.
• B) $120.
• C) $320.
• D) $440.

---

Definitions:

Real Defense

Real defense refers to a genuine, legally recognized reason or argument that can be used to justify or excuse an action or claim in a court of law.

Personal Defense

Strategies or actions taken by an individual to protect themselves against harm or legal accusations.

Antedated Check

A check written with a date earlier than the date on which it was actually written.

Holder in Due Course

A legal term for a person who has acquired a negotiable instrument in good faith and for value, and thus has certain rights above the original payee.