The triangular area in red below is known as Price of Apple $2.00 $1.75 Supply $1.50 $1.25 $1.00 $0.75 $0.50 $0.25 Demand - X 0 1 2 3 4 5 6 Quantity of Apples (in thousands) O a.) producer surplus O b.) deadweight loss O c.) consumer surplus O d.) circumventing equilibrium