Refer to Figure 6.6, which shows a market for taxi medallions. If the number of taxi licenses is reduced from Q2 to Q1, the total surplus of the market is represented by:
A. area ABF.
B. area ABF + area BCFG.
C. area ABF + area BCFG + area CDGH.
D. area ABF + area BCFG + area CDGH + area DEH.
Answer: D
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Answer the following statement true (T) or false (F)