-In Figure 23

question 39

Multiple Choice

-In Figure 23.1 for a good with no externality, which area represents consumer surplus to the consumer?

• A)AP*C
• B)0ACQ*
• C)0BCQ*
• D)0P*CQ*

---

Definitions:

Federal Statute

A law enacted by the national government of a federal system that applies throughout the country and supersedes state laws in areas of federal competence.

Duty of Care

A legal obligation imposed on individuals to exercise a reasonable level of care to avoid causing harm to others.

Unusual Bone Disease

A rare or uncommon medical condition affecting the skeletal system, potentially leading to abnormalities or impairments.

Contra Proferentum Rule

A rule of interpretation; ambiguous provisions in a written contract are to be construed against the party that drafted the agreement.