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Figure: Consumer Surplus in the Market for Garden Gnomes I) Consider the figure Consumer Surplus in the Market for Garden Gnomes I. If the price

Figure: Consumer Surplus in the Market for Garden Gnomes I) Consider the figure Consumer Surplus in the Market for Garden Gnomes I. If the price rises from P1 to P2, consumer surplus decreases by the area: A graph plots Price, per gnome, on the vertical axis versus Quantity of gnomes on the horizontal axis and shows a demand curve. The vertical axis has markings at P subscript 1 and P subscript 2 from bottom to top. The horizontal axis has markings at Q subscript 2 and Q subscript 1, from left to right. The demand curve is a negative sloping line that starts at a point A on the vertical axis above P subscript 2 and passes through B (Q subscript 2, P subscript 2) and F (Q subscript 1, P subscript 1). A point G is marked at (Q subscript 2, P subscript 1). a. ABP2. b. AFP1. c. P1P2BF. d. BGF

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