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.

---

Definitions:

Incongruent Responses

Responses that do not align or are inconsistent with the expected outcome or previous statements.

Satisfaction

A feeling of fulfillment or contentment regarding a particular outcome or experience.

Uncertainty

The state of being unsure or having doubts; the lack of certainty or predictability in outcomes.

Obedience

The act of following orders or complying with instructions, often from a figure of authority, reflecting the degree of control or influence exerted over individuals or groups.