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    Principles of Economics Study Set 12
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    Exam 5: The Demand Curve and the Behavior of Consumers
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    Exhibit 5-9 -Refer to Exhibit 5-9. at a Price of P<sub>1</sub>, What
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Exhibit 5-9 -Refer to Exhibit 5-9. at a Price of P1, What

Question 79

Question 79

Multiple Choice

Exhibit 5-9 Exhibit 5-9   -Refer to Exhibit 5-9. At a price of P<sub>1</sub>, what labeled area(s)  represent(s)  consumer surplus? A) 1 + 2 + 3 + 4 B) 1 + 2 + 3 + 4 + 5 + 6 C) 1 + 2 D) 1 + 2 + 3 + 5 E) 1
-Refer to Exhibit 5-9. At a price of P1, what labeled area(s) represent(s) consumer surplus?


A) 1 + 2 + 3 + 4
B) 1 + 2 + 3 + 4 + 5 + 6
C) 1 + 2
D) 1 + 2 + 3 + 5
E) 1

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