Multiple Choice
Use the following to answer questions 20-21:
Figure 3.7
-(Figure 3.7) Suppose the government mandates a price ceiling of $8 per pound. Consumer surplus:
A) increases from $900 to $1,600.
B) increases from $400 to $1,200.
C) increases from $1,800 to $2,100.
D) decreases from $600 to $450.
Correct Answer:

Verified
Correct Answer:
Verified
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