Multiple Choice
-In the above figure, if the market quantity is restricted to 500,000 and the price is allowed to rise to set the quantity demanded equal to the quantity supplied, then the producer surplus is equal to
A) area D + area F.
B) area A + area B.
C) area A + area B + area C.
D) area B + area D + area F.
E) area C + area E.
Correct Answer:
Verified
Correct Answer:
Verified
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