Figure 7-6 -Refer to Figure 7-6.What Happens to the Consumer Surplus If

question 239

Multiple Choice

Figure 7-6

-Refer to Figure 7-6.What happens to the consumer surplus if the price rises from $100 to $150?

• A) The new consumer surplus is half of the original consumer surplus.
• B) The new consumer surplus is 25 percent of the original consumer surplus.
• C) The new consumer surplus is double the original consumer surplus.
• D) The new consumer surplus is triple the original consumer surplus.

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