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Question 191

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Use the following to answer question: Use the following to answer question: -(Figure: Consumer Surplus I) Look at the figure Consumer Surplus I.If the price rises from P<sub>1</sub> to P<sub>2</sub>,consumer surplus decreases by the area: A) ABP<sub>2</sub>. B) AFP<sub>1</sub>. C) BGF. D) P<sub>1</sub>P<sub>2</sub>BF.
-(Figure: Consumer Surplus I) Look at the figure Consumer Surplus I.If the price rises from P1 to P2,consumer surplus decreases by the area:


A) ABP2.
B) AFP1.
C) BGF.
D) P1P2BF.

Correct Answer:

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