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Use the Figure Below to Answer the Following Questions

Question 43

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions. Figure 5.2.3 -Refer to Figure 5.2.3.If the price is P<sub>0</sub>,then the value of the last unit consumed is A) P<sub>0.</sub> B) P<sub>1</sub>. C) equal to the consumer surplus on the last unit consumed. D) 0. E) P<sub>1</sub>- P<sub>0.</sub> Figure 5.2.3
-Refer to Figure 5.2.3.If the price is P0,then the value of the last unit consumed is


A) P0.
B) P1.
C) equal to the consumer surplus on the last unit consumed.
D) 0.
E) P1- P0.

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