Multiple Choice
Use the figure below to answer the following questions.
Figure 5.2.1
-Consider the demand curve in Figure 5.2.1. If the price of the good is $4, what is the consumer surplus?
A) $32.50
B) $25.00
C) $20.00
D) $12.50
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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