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    Exam 3: Supply and Demand
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    Figure: Earned Consumer Surplus Refer to the Figure
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Figure: Earned Consumer Surplus Refer to the Figure

Question 125

Question 125

Multiple Choice

Figure: Earned Consumer Surplus Figure: Earned Consumer Surplus   Refer to the figure. The market price of the product is $20 per unit. Calculate the dollar amount of consumer surplus being earned in this market. A)  $120,000 B)  $60,000 C)  $100,000 D)  $80,000 Refer to the figure. The market price of the product is $20 per unit. Calculate the dollar amount of consumer surplus being earned in this market.


A) $120,000
B) $60,000
C) $100,000
D) $80,000

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