In the figure below, the decline in consumer surplus resulting from an increase in price from $5 to $10 is given by the area: 
Definitions:
White Culture
A term referring to the social customs, norms, and values that are historically associated with white populations, particularly in Western contexts, recognizing cultural diversity within white communities.
Social Events
Gatherings or activities designed for the purpose of social interaction, entertainment, or celebration.
Political Negotiations
The process by which political representatives of different groups or countries come together to discuss and resolve issues of mutual interest, often to reach a compromise or formal agreement.
Elected Officials
Public figures who have been chosen through a democratic process, such as voting, to hold a specific public office.
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