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-The Above Figure Shows the Market Demand Curve for Mobile

Question 36

Multiple Choice

-The above figure shows the market demand curve for mobile telecommunications (time spent on a mobile phone) . The current price is $0.35 per minute. If the price were to increase by ten cents per minute, consumer surplus would A) fall to $820. B) fall by $84. C) fall by $58. D) fall to $369.
-The above figure shows the market demand curve for mobile telecommunications (time spent on a mobile phone) . The current price is $0.35 per minute. If the price were to increase by ten cents per minute, consumer surplus would


A) fall to $820.
B) fall by $84.
C) fall by $58.
D) fall to $369.

Correct Answer:

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