On a Graph,consumer Surplus Is Represented by the Area

question 59

Multiple Choice

On a graph,consumer surplus is represented by the area

• A)between the demand and supply curves.
• B)below the demand curve and above price.
• C)below the price and above the supply curve.
• D)below the demand curve and to the right of equilibrium price.

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Definitions:

Interests

Activities, subjects, or areas that capture the attention, curiosity, or concern of an individual or group.

Goals

Targets or outcomes that an individual or group endeavors to achieve, often requiring planning and effort.

Same-Sex Partners

Individuals in a romantic or marital relationship who are of the same sex or gender identity.

Opposite-Sex Partners

Individuals engaged in a romantic or sexual relationship who are of different sex.