-In the Above Figure,the Market Is at Its Equilibrium

question 181

Multiple Choice

-In the above figure,the market is at its equilibrium.Area A + area B is equal to

• A) consumer surplus.
• B) total revenue.
• C) total surplus.
• D) marginal benefit.
• E) producer surplus.

---

Definitions:

Whole Number

A numerical value without fractions or decimals, often used to count discrete objects.

Fraction

A mathematical expression representing the division of one integer by another, typically used to denote a part of a whole.

Fraction

A mathematical expression representing the division of one integer by another.

Equals

Signifies mathematical equality; used to denote that two values are the same.