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

question 66

Multiple Choice

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

• A) area (B +
• C) gets transferred from consumer to producer.
• B) area (B +
• C) gets transferred from producer to consumer.
• C) area B gets transferred from consumer to producer.
• D) area B gets transferred from producer to consumer.