Figure 4-6 Figure 4-6 Shows the Demand and Supply Curves for the and Supply

Multiple Choice

Figure 4-6

Figure 4-6 shows the demand and supply curves for the almond market. The government believes that the equilibrium price is too low and tries to help almond growers by setting a price floor at Pf.
-Refer to Figure 4-6.What area represents the portion of consumer surplus that has been transferred to producer surplus as a result of the price floor?

A) B
B) B + C
C) B + E
D) E