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Price 85 Supply 8 80+ 75 70 65 60 55 50+ 45 40+ 35+ 30 25+ 20+ 15 Demand 10+ 3 5 6 Dorty 8

Price 85 Supply 8 80+ 75 70 65 60 55 50+ 45 40+ 35+ 30 25+ 20+ 15 Demand 10+ 3 5 6 Dorty 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Refer to Figure 7-19. At the equilibrium price, total surplus is O a. $125. O b. $450. O c. $250. d. $500

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