Figure 7-6 -Refer to Figure 7-6.What Happens to the Consumer Surplus If

Multiple Choice

Figure 7-6

-Refer to Figure 7-6.What happens to the consumer surplus if the price rises from $100 to $150?

A) The new consumer surplus is half of the original consumer surplus.
B) The new consumer surplus is 25 percent of the original consumer surplus.
C) The new consumer surplus is double the original consumer surplus.
D) The new consumer surplus is triple the original consumer surplus.