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

question 37

Multiple Choice

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

• A) area (C +
• E) is deadweight loss.
• B) area B is transferred surplus from consumers to producers.
• C) $12 of surplus gets transferred from consumers to producers.
• D) All of these are true.

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