Refer to the Information Provided in Figure 4

question 15

Multiple Choice

Refer to the information provided in Figure 4.6 below to answer the questions that follow.
Equilibrium in this market occurs at the intersection of curves S and D. Figure 4.6
-In figure 4.6 if price goes from equilibrium to P1, consumer surplus changes by the area

• A) E-C.
• B) C+E.
• C) E+F.
• D) B-F.

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