-Given the Demand Curve in This Graph,if Price Were $3

question 44

Multiple Choice

-Given the demand curve in this graph,if price were $3.00,how much is consumer surplus?

• A)$0
• B)$1.50
• C)$5.00
• D)$10.50

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Definitions:

Communications

The process of transmitting, receiving, and understanding information or messages between entities.

Creative

Pertaining to the use of imagination or original ideas to create something; innovatively thinking.

Creative Subsystem

A component of a system or organization dedicated to generating new ideas, products, or processes through creativity and innovation.

Managerial Subsystem

The managerial subsystem is a component of an organization focusing on planning, organizing, directing, and controlling activities to achieve business objectives.