According to the Graph Shown, If the Market Goes from Equilibrium

question 15

Multiple Choice

According to the graph shown, if the market goes from equilibrium to having its price set at $10 then:

• A) consumer surplus will decrease from (A + B +
• C) to (B +
• C) only.
• B) consumer surplus will increase from (A + B +
• C) to A only.
• C) consumer surplus (B +
• C) will transfer to producers.
• D) consumer surplus will decrease by (B +

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