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Suppose the graph shows the market for bushels of wheat. What is consumer surplus at $35? The horizontal axis ranges from 100 to 800, in
Suppose the graph shows the market for bushels of wheat. What is consumer surplus at $35?
The horizontal axis ranges from 100 to 800, in increments of 100, and the vertical axis ranges from 5 to 50, in increments of 5. The straight lines intersect S and D, intersecting each other at the point (400, 25).
Multiple Choice
- $100
- $4,500
- $400
- $1,000
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