The Diagram Below Shows the Market for Litres of Milk

Multiple Choice

The diagram below shows the market for litres of milk. FIGURE 5- 8
-Refer to Figure 5- 8. After the imposition of a milk quota at quantity Q1, economic surplus is represented by

A) areas 3 and 4.
B) areas 1, 2 and 3.
C) areas 2, 3, 5 and 6.
D) areas 1, 2 and 5.
E) areas 1, 2, 3, 4, 5, 6 and 7.