The graph below represents the market for alfalfa.The market price is $7.00 per bushel.Identify the areas representing consumer surplus,producer surplus,and economic surplus. 
Definitions:
Tax Rate
The rate at which the government taxes an individual or corporation's income or earnings.
Loanable Funds
The total resources or funds available for borrowing, typically within a nation's financial markets, where savers supply funds and borrowers demand them.
Interest Income
Earnings received from deposit accounts like savings, or from investments like bonds, calculated as a percentage of the principal.
Loanable Funds Model
An economic model that describes the market where borrowers and lenders interact, determining the equilibrium interest rate and quantity of loanable funds.
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