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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. When Price Is P2, Consumer Surplus
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Exhibit 5-9 -Refer to Exhibit 5-9. When Price Is P2, Consumer Surplus

Question 47

Question 47

Multiple Choice

Exhibit 5-9 Exhibit 5-9   -Refer to Exhibit 5-9. When price is P2, consumer surplus is the numbered area A)  2 + 3 + 4. B)  1 + 2 + 3 + 4. C)  1. D)  2 + 3 + 4 + 5. E)  1 + 6.
-Refer to Exhibit 5-9. When price is P2, consumer surplus is the numbered area


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

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