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Assume the Market Shown in the Graph Is in Equilibrium

Question 25

Multiple Choice

Assume the market shown in the graph is in equilibrium at demand (D) and supply (S<sub>1</sub>) . If the supply curve shifts to S<sub>2</sub>, total surplus falls by: A) $50. B) $75. C) $150. D) $200. Assume the market shown in the graph is in equilibrium at demand (D) and supply (S1) . If the supply curve shifts to S2, total surplus falls by:


A) $50.
B) $75.
C) $150.
D) $200.

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