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What is total surplus? Price (dollars per sandwich) 9.00- 8.00- S Total surplus is $ 640 7 00- If the quantity demanded of sandwiches decreases

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What is total surplus? Price (dollars per sandwich) 9.00- 8.00- S Total surplus is $ 640 7 00- If the quantity demanded of sandwiches decreases by 160 an hour at each price, the 6.00- demand curve shifts leftward from Do to D, 5.00- Draw a point at the new equilibrium price and equilibrium quantity. 4 00- Draw a shape to show the new producer surplus and label it PS. 3.00- Draw a shape to show the new consumer surplus and label it CS. 2.00 1.00 Dy 0 40 80 120 160 200 240 280 320 360 Quantity (sandwiches per hour) >>> Draw only the objects specified in the

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