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Refer to the information provided in Figure 4.6 below to answer the question(s) that follow. Equilibrium in this market occurs at the intersection of curves

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Refer to the information provided in Figure 4.6 below to answer the question(s) that follow. Equilibrium in this market occurs at the intersection of curves S and D. Price/unit A A S P3 B P2 C E IF P1 G D Quantity/time Figure 4.6 Refer to Figure 4.6. If price is P1, producer surplus is area O B + E + G. O A + B + E. O G. O A

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