Use the Following to Answer Question

question 203

Multiple Choice

Use the following to answer question:
-(Figure: The Market for Hybrid Cars) Use Figure: The Market for Hybrid Cars.What area represents consumer surplus if there is a binding price floor at P₁?

• A)a
• B)a + b
• C)a + b + c
• D)a + b + d

---

Definitions:

Hypothalamus

A region of the brain responsible for the regulation of certain metabolic processes and other activities of the Autonomic Nervous System, including temperature control, hunger, and thirst.

Hunger-Arousing Hormone

A hormone, such as ghrelin, that regulates hunger signals and stimulates appetite.

Hierarchy Of Needs

A theory in psychology proposed by Abraham Maslow that posits a five-tier model of human needs, ranging from basic (physiological) to more complex (self-actualization) needs.

Abraham Maslow

An American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.