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    Principles of Macroeconomics Study Set 8
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    Exam 7: Consumers Producers and the Efficiency of Markets: Market Efficiency
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    Figure 7-21 -Refer to Figure 7-21.Which Area Represents Total Surplus in the Surplus
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Figure 7-21 -Refer to Figure 7-21.Which Area Represents Total Surplus in the Surplus

Question 119

Question 119

Multiple Choice

Figure 7-21 Figure 7-21   -Refer to Figure 7-21.Which area represents total surplus in the market when the price is P1? A) A+B B) B+C C) C+D D) A+B+C+D
-Refer to Figure 7-21.Which area represents total surplus in the market when the price is P1?


A) A+B
B) B+C
C) C+D
D) A+B+C+D

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