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According to the Graph Shown,consumer Surplus Is

Question 127

Multiple Choice

According to the graph shown,consumer surplus is: A) the area under the supply curve and above the price. B) the area above the supply curve and below the price. C) the area under the demand curve and above the market price. D) the area above the demand curve and below the price. According to the graph shown,consumer surplus is:


A) the area under the supply curve and above the price.
B) the area above the supply curve and below the price.
C) the area under the demand curve and above the market price.
D) the area above the demand curve and below the price.

Correct Answer:

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