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

Question 17

Multiple Choice

According to the graph shown, if the market goes from equilibrium to having its price set at $10: A) deadweight loss will become bigger than total surplus. B) consumer surplus will definitely fall. C) total surplus may rise or fall. D) $12 of surplus will be transferred from producers to consumers. According to the graph shown, if the market goes from equilibrium to having its price set at $10:


A) deadweight loss will become bigger than total surplus.
B) consumer surplus will definitely fall.
C) total surplus may rise or fall.
D) $12 of surplus will be transferred from producers to consumers.

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