The figure shows the demand curve for Price 8- 7- 6- 5- 3- 2- 04 0 10 20 30 40 50 60 70 80 90 Quantity If the price of a succulent start is $4, what is consumer surplus? OA. $80 OB. $320 OC. $160 OD. $40
The figure shows the demand curve for Price 8- 7- 6- 5- 3- 2- 04 0 10 20 30 40 50 60 70 80 90 Quantity If the price of a succulent start is $4, what is consumer surplus? OA. $80 OB. $320 OC. $160 OD. $40
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Explanation it correctly
![The figure shows the demand curve for succulent starts at the Zen Succulent.
Q
Q
Price
8+
7-
6-
5-
At
3-
2-
1-
0+
0 10 20 30 40 50 60 70 80 90
Quantity
If the price of a succulent start is $4, what is consumer surplus?
OA. $80
OB. $320
OC. $160
OD. $40](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa834ffb1-d1c6-400c-9e34-7f81365b58f9%2Fd04a77db-b576-4b8d-bd8d-5b9e87d878ac%2Fs84mewh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The figure shows the demand curve for succulent starts at the Zen Succulent.
Q
Q
Price
8+
7-
6-
5-
At
3-
2-
1-
0+
0 10 20 30 40 50 60 70 80 90
Quantity
If the price of a succulent start is $4, what is consumer surplus?
OA. $80
OB. $320
OC. $160
OD. $40
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