1 answer

The graph represents a market with a price floor. Drag and drop the markers to identify...

Question:

The graph represents a market with a price floor. Drag and drop the markers to identify which areas on the graph represent co

The graph represents a market with a price floor. Drag and drop the markers to identify which areas on the graph represent consumer surplus (CS), producer surplus (PS) and deadweight loss (DWL). You will need to place a marker in each of the identified areas: A, B, C, D. Markers may be used multiple times. For best results, place th Question 12 Not yet answered Points out of marker's circle in the center of the area.) 2.22 P Flag question Price Supply Price Floor Demand Quantity DWL CS

Answers

Answer

In above diagram

Area A is Consumer surplus

Area B and D is Producer surplus

Area C is Deadweight loss

.

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