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

Question 57

Multiple Choice

According to the graph shown, if the market goes from equilibrium to having its price set at $4: A) deadweight loss will be $90. B) consumer surplus will be $160. C) deadweight loss will be $60. D) consumer surplus will rise by $30. According to the graph shown, if the market goes from equilibrium to having its price set at $4:


A) deadweight loss will be $90.
B) consumer surplus will be $160.
C) deadweight loss will be $60.
D) consumer surplus will rise by $30.

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