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(Figure: Price and Quantity V) for Demand Curve D2, Consumer

Question 107

Multiple Choice

(Figure: Price and Quantity V) For demand curve D2, consumer surplus is $6,400 at a price of $40. Given this, the demand choke price for D2 is: (Figure: Price and Quantity V) For demand curve D<sub>2</sub>, consumer surplus is $6,400 at a price of $40. Given this, the demand choke price for D<sub>2</sub> is: A) $200. B) $300. C) $100. D) $60.


A) $200.
B) $300.
C) $100.
D) $60.

Correct Answer:

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