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According to the Graph Shown, If the Market Goes from Equilibrium

Question 140

Multiple Choice

According to the graph shown, if the market goes from equilibrium to having its price set at $10: A) total surplus will fall by $30. B) producer surplus will rise by $45. C) total surplus will change by $15. D) consumer surplus will fall by $30. According to the graph shown, if the market goes from equilibrium to having its price set at $10:


A) total surplus will fall by $30.
B) producer surplus will rise by $45.
C) total surplus will change by $15.
D) consumer surplus will fall by $30.

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