Exhibit 5-9 -Refer to Exhibit 5-9. When Price Falls from P₂ to from P₂

Multiple Choice

Exhibit 5-9
-Refer to Exhibit 5-9. When price falls from P₂ to P₁, the size of consumer surplus

A) increases by area 2.
B) decreases by area 2.
C) remains the same.
D) increases by areas 1 + 2.
E) decreases by areas 1 + 2.