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According to the Graph Shown,if the Market Goes from Equilibrium

Question 86

Multiple Choice

According to the graph shown,if the market goes from equilibrium to having its price set at $10 then: A) consumer surplus will decrease from (A + B + C) to (B + C) only. B) consumer surplus will increase from (A + B + C) to A only. C) consumer surplus (B + C) will transfer to producers. D) consumer surplus will decrease by (B + C) . According to the graph shown,if the market goes from equilibrium to having its price set at $10 then:


A) consumer surplus will decrease from (A + B + C) to (B + C) only.
B) consumer surplus will increase from (A + B + C) to A only.
C) consumer surplus (B + C) will transfer to producers.
D) consumer surplus will decrease by (B + C) .

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