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    Figure 4-D -Refer to Figure 4-D.When the Price Rises from P<sub>1</sub> to from P<sub>1</sub>
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Figure 4-D -Refer to Figure 4-D.When the Price Rises from P1 to from P1

Question 154

Question 154

Multiple Choice

Figure 4-D Figure 4-D   -Refer to Figure 4-D.When the price rises from P<sub>1</sub> to P<sub>2</sub>, consumer surplus A) increases by area D + E B) increases by area B + C C) decreases by area B + C D) decreases by area C
-Refer to Figure 4-D.When the price rises from P1 to P2, consumer surplus


A) increases by area D + E
B) increases by area B + C
C) decreases by area B + C
D) decreases by area C

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