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    Exam 5: Efficiency and Equity
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    The Figure Shows the Competitive Market for Milk
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The Figure Shows the Competitive Market for Milk

Question 428

Question 428

Multiple Choice

  The figure shows the competitive market for milk. -In the figure above, when the market is in equilibrium, what is the total surplus? A)  $1,000 B)  $800 C)  $200 D)  $1,600 The figure shows the competitive market for milk.
-In the figure above, when the market is in equilibrium, what is the total surplus?


A) $1,000
B) $800
C) $200
D) $1,600

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