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The following graph shows the effect of a decline of computers on the market for typewriters Supply Price of Type writers D D2 Quantity of
The following graph shows the effect of a decline of computers on the market for typewriters Supply Price of Type writers D D2 Quantity of Typewriters Complete the first two rows of the following table by indicating which areas represent consumer surplus and producer surplus prior to the shift in demand . Then complete the second two rows by indicating which areas represent consumer surplus and producer surplus after the change in demand Check all that apply . A B C D E Initial Consumer Surplus Initial Producer Surplus O O New Consumer Surplus New Producer Surplus
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