Question

# Consumer surplus is the area _______.

A
below the demand curve and above the price
B
above the supply curve and below the price
C
above the demand curve and below the price
D
below the supply curve and above the price

Solution

## The correct option is A below the demand curve and above the priceConsumer surplus is the below the demand curve and above the price, as represented by the lined area in the diagram.Economics

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