Assuming the market is in equilibrium in the graph shown with demand D and supply S1, consumer surplus is:





A. greater than consumer surplus when market is in equilibrium at D and S2.

B. less than consumer surplus when market is in equilibrium at D and S2.

C. the same as consumer surplus when market is in equilibrium at D and S2.

D. zero.


B. less than consumer surplus when market is in equilibrium at D and S2.

Economics

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