2. Individual demand and consumer surplus Consider the market for electric vehicles. The market price of each electric vehicle is $280,000, and each consumer demands no more than one electric vehicle. Suppose that Sam is the only consumer in the electric vehicle market. Their willingness to pay for an electric vehicle is $490,000. Based on Sam's willingness to pay, the following graph shows his demand curve for electric vehicles. Shade the area representing Sam's consumer surplus using the green rectangle (triangle symbols). ? 560 Sam's Demand 190 Sam's Consumer Surplus 420 350 Market Price 280 PRICE (Thousands of dollars 210 140 Q Search up 12 insert prt sc 15 10 18 144 10 DDI #- $ & 3 4 5 6 7 9 O W E R T Y U O P S D F G H J K pay X C B N M alt ctr altCENGAGE MINDTAP Search