On a Graph,consumer Surplus Is Represented by the Area

question 59

Multiple Choice

On a graph,consumer surplus is represented by the area

• A)between the demand and supply curves.
• B)below the demand curve and above price.
• C)below the price and above the supply curve.
• D)below the demand curve and to the right of equilibrium price.

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Definitions:

Conjunctions

Terms that link clauses or sentences together, or coordinate words within the same clause, like "and," "but," and "if."

Punctuated Correctly

Written or prepared following the rules and conventions of standard punctuation in a given language.

Coordinating Conjunction

A word used to connect grammatically similar elements within a sentence, such as "and," "but," "or," "so," and "yet."

Punctuated Correctly

the use of symbols like commas, periods, and question marks in writing, following the rules of grammar to clarify meaning.