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    Microeconomics Study Set 40
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    Exam 4: Consumer and Producer Surplus
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    Figure: Consumer Surplus I
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Figure: Consumer Surplus I

Question 101

Question 101

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Figure: Consumer Surplus I
Figure: Consumer Surplus I      (Figure: Consumer Surplus I) Look at the figure Consumer Surplus I.If the price falls from P₂ to P₁, consumer surplus increases by the area:  A.ABP₂. B.AFP₁. C.BGF. D.P₁P₂BF. Figure: Consumer Surplus I      (Figure: Consumer Surplus I) Look at the figure Consumer Surplus I.If the price falls from P₂ to P₁, consumer surplus increases by the area:  A.ABP₂. B.AFP₁. C.BGF. D.P₁P₂BF. (Figure: Consumer Surplus I) Look at the figure Consumer Surplus I.If the price falls from P₂ to P₁, consumer surplus increases by the area:
A.ABP₂.
B.AFP₁.
C.BGF.
D.P₁P₂BF.

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