Figure 3-18 Refer to Figure 3-18. When the Price Falls from P

question 150

Multiple Choice

Figure 3-18
Refer to Figure 3-18. When the price falls from P ₁ to P ₂, which area represents the increase in consumer surplus to new buyers entering the market?

• A) ABD
• B) ACF
• C) BCDE
• D) DEF