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Figure: Gain in Consumer Surplus (Figure: Gain in Consumer

Question 63

Multiple Choice

Figure: Gain in Consumer Surplus Figure: Gain in Consumer Surplus (Figure: Gain in Consumer Surplus) Look at the figure Gain in Consumer Surplus.Identify the area or areas that represent the gain in consumer surplus to consumers already participating in the market when the price falls from P₁ to P₂. A) A and B B) B C) B and C D) C Figure: Gain in Consumer Surplus (Figure: Gain in Consumer Surplus) Look at the figure Gain in Consumer Surplus.Identify the area or areas that represent the gain in consumer surplus to consumers already participating in the market when the price falls from P₁ to P₂. A) A and B B) B C) B and C D) C (Figure: Gain in Consumer Surplus) Look at the figure Gain in Consumer Surplus.Identify the area or areas that represent the gain in consumer surplus to consumers already participating in the market when the price falls from P₁ to P₂.


A) A and B
B) B
C) B and C
D) C

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