• We need your support!

    We are currently struggling to cover the operational costs of Xtremepapers, as a result we might have to shut this website down. Please donate if we have helped you and help make a difference in other students' lives!
    Click here to Donate Now (View Announcement)

A Levels Economics MCQ Doubts

Messages
216
Reaction score
334
Points
73
Aakash Raka The answer in the MS is B but as it is provided free, the consumer surplus should be ODD1 so why not D bro...?
Please help...
View attachment 48894
Consumer Surplus is the area shown BELOW the Demand Curve and ABOVE the equilibrium price........and the region shown in option D is ODD1 which is wrong as it includes the region BELOW the equilibrium price...so the only logical answer would be option B
 
Messages
309
Reaction score
210
Points
53
Consumer Surplus is the area shown BELOW the Demand Curve and ABOVE the equilibrium price........and the region shown in option D is ODD1 which is wrong as it includes the region BELOW the equilibrium price...so the only logical answer would be option B
But the equilibrium price is zero as stated in the question..
 
Top