27. Look at Figure above. If the market is perfectly competitive, the market demand curve is D and the market supply curve, MC, is the sum of the individual business's marginal cost curves.Producer surplus is area

A) AEK.

B) DHK.

C) DIK.

Figure Price MC E B- H MR Quantity 25. Look at Figure above. If the market is perfectly competitive, the market demand curve is D and the market supply curve, MC, is the sum of the individual business's marginal cost curves. Consumer surplus is area A) AEK. B) DHK. C) DIK. D) DIH. E) ACD. 26. Look at Figure above. If the market is supplied by a monopoly, the market demand curve is D and MC is the monopolist's marginal cost curve. Total surplus is area A) AEIC. B) AKIC. C) DIK. D) DIH. E) ACD