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    Microeconomics Study Set 44
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    Exam 5: Price Controls and Quotas: Meddling With Markets
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 55

Question 55

Multiple Choice

Use the following to answer questions:
Figure: Price Controls Use the following to answer questions: Figure: Price Controls   -(Figure: Price Controls)  Look at the graph Price Controls. The consumer surplus lost to a price floor at point b is equal to the area: A)  abe. B)  egh. C)  bcge. D)  bcke.
-(Figure: Price Controls) Look at the graph Price Controls. The consumer surplus lost to a price floor at point b is equal to the area:


A) abe.
B) egh.
C) bcge.
D) bcke.

Correct Answer:

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