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Figure 7-1 A graph of price versus quantity is a demand curve with a descending stair step profile. Values are as follow. At a price

Figure 7-1 A graph of price versus quantity is a demand curve with a descending stair step profile. Values are as follow. At a price of 500, 1 unit would be demanded, at 400, 2 units, at 350, 3 units, at 300, 4 units. Refer to Figure 7-1. If the price of the good is $250, then consumer surplus amounts to Group of answer choices $50. $100. $150. $200

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