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    Exam 7: Efficiency, Exchange, and the Invisible Hand in Action
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    Refer to the Figure Below
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Refer to the Figure Below

Question 105

Question 105

Multiple Choice

Refer to the figure below. Refer to the figure below.   If a price ceiling were imposed at $4, consumer surplus would be: A) $36. B) $20. C) $24. D) $28. If a price ceiling were imposed at $4, consumer surplus would be:


A) $36.
B) $20.
C) $24.
D) $28.

Correct Answer:

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