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8. O 10. O 180 11. O 12, O 150 13. O 120 110 14. O Supply 90 15. O PRICE 16. O 17. O

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8. O 10. O 180 11. O 12, O 150 13. O 120 110 14. O Supply 90 15. O PRICE 16. O 17. O 30 18. C Demand 19. O 10 16 20 26 30 20. O QUANTITY Refer to Figure 7-2. At the equilibrium price, consumer surplus is O a. $1,600. O b. $1,400. O c. $800. O d. $700

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