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    Exam 3: Supply and Demand
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 143

Question 143

Multiple Choice

Use the following to answer questions:
Figure: Potatoes Use the following to answer questions: Figure: Potatoes   -(Figure: Potatoes)  Refer to the figure. If the price of potatoes is $8 a pound, what is the consumer surplus received? A)  $30,000 B)  $60,000 C)  $240,000 D)  $360,000
-(Figure: Potatoes) Refer to the figure. If the price of potatoes is $8 a pound, what is the consumer surplus received?


A) $30,000
B) $60,000
C) $240,000
D) $360,000

Correct Answer:

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