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(Figure: Market for Asparagus I) Relative to the Initial Market

Question 143

Multiple Choice

(Figure: Market for Asparagus I) Relative to the initial market equilibrium, at a price ceiling of $2, what is the amount of surplus transferred from producers to consumers? (Figure: Market for Asparagus I) Relative to the initial market equilibrium, at a price ceiling of $2, what is the amount of surplus transferred from producers to consumers? A) $4,000 B) $2,000 C) $1,000 D) $500


A) $4,000
B) $2,000
C) $1,000
D) $500

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