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Use the Following to Answer Questions 22-23

Question 79

Multiple Choice

Use the following to answer questions 22-23:
Figure 3.8 Use the following to answer questions 22-23: Figure 3.8 -(Figure 3.8) At a price ceiling of $2, what is the amount of surplus transferred from producers to consumers? A) $4,000 B) $2,000 C) $1,000 D) $500
-(Figure 3.8) At a price ceiling of $2, what is the amount of surplus transferred from producers to consumers?


A) $4,000
B) $2,000
C) $1,000
D) $500

Correct Answer:

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