Graph 7-2 -Refer to Graph 7-2.When the Price Rises from P₁ to from P₁

question 86

Multiple Choice

Graph 7-2
-Refer to Graph 7-2.When the price rises from P₁ to P₂, consumer surplus:

• A)increases by an amount equal to A
• B)decreases by an amount equal to B + C
• C)increases by an amount equal to B + C
• D)decreases by an amount equal to C

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