Regin A(green) represents total consumers surplus when de market price is $____ while region B ( grey ) represents__________ when the market price __________.True or false1.assuming each student receives a positive surplus, Valerie will always receive more consumer surplus than Antonio.2. Consumer surplus is larger when the price is $100 than when it is $140.3. There are fewer students buying used textbook when the market price is $ 100 than when it is $140.Question 4In order for Frances to earn consumer surplus of exactly $60 from buying a mathematics textbook, the market price needs to be $_______.

+ aticb/ui/evo/index.html?elSBN=9781337912488&aid=916260882&snapshotld=1950509& CENGAGE | MINDTAP omework: The Case For Free Markets: The Price System 4. Consumer's surplus and price changes The following graph shows the demand curve for a group of students in the market for mathematics textbooks. Each student wants only one textbook. Assume that if what an individual has a willingness to pay equals the market price, he or she will make the purchase. (?) 240 Shen 200 Valerie O PRICE (Dollars per textbook) Antonio 160 A O Caroline 120 Dmitri 80 Frances O 40 5 6 QUANTITY (Textbook) O oo WE