Multiple Choice
Table 7-11
-Refer to Table 7-11.Both the demand curve and the supply curve are straight lines.If 6 units are bought and sold,then total surplus is
A) $18 lower than it would be if the equilibrium number of units were bought and sold.
B) $22 lower than it would be if the equilibrium number of units were bought and sold.
C) $26 lower than it would be if the equilibrium number of units were bought and sold.
D) $6 higher than it would be if the equilibrium number of units were bought and sold.
Correct Answer:

Verified
Correct Answer:
Verified
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