Multiple Choice
-In the above figure,the market is at its equilibrium.Area A is equal to
A) consumer surplus.
B) total revenue.
C) marginal benefit.
D) producer surplus.
E) total surplus.
Correct Answer:

Verified
Correct Answer:
Verified
Q175: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q176: When the price rises and the supply
Q177: The idea that unequal incomes are unfair
Q178: A supply curve shows the marginal<br>A) benefit
Q179: We allocate resources efficiently when<br>A) marginal benefit
Q181: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -In the above
Q182: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q183: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -In the figure
Q184: When a product benefits people other than
Q185: The producer surplus on a unit of