on-a-supply-and-demand-graph-consumer-surplus-is-represented-by

Question

On a supply and demand graph, consumer surplus is represented by:

Accepted Answer

The area above the equilibrium price and below the demand curve.

Answer

The area below the demand curve and above the supply curve.

Answer

The area below the supply curve and above the equilibrium price.

Answer

The area above the supply curve and below the equilibrium price.