Figure 16-6 Watanabe Sensei Operates the Only Martial Arts School in Hartfield

Multiple Choice

Figure 16-6

Watanabe Sensei operates the only martial arts school in Hartfield. For simplicity, assume that consumers have identical demand curves and that Sensei knows what this demand curve is. Figure 16-6 shows this demand curve.
-Refer to Figure 16-6.If Sensei acts as a single-price monopolist and charges the profit-maximizing price, what is the consumer surplus received by his customers?

A) the area A + B + C + D
B) the area A + B + C + D + E
C) the area A + B
D) the area A + C + H