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Table 7-17 -Refer to Table 7-17. Both the Demand Curve and the Demand

Question 457

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Table 7-17
Table 7-17 -Refer to Table 7-17. Both the demand curve and the supply curve are straight lines. If 6 units are bought and sold, then total surplus is A) $18 lower than it would be if the equilibrium number of units were bought and sold. B) $22 lower than it would be if the equilibrium number of units were bought and sold. C) $26 lower than it would be if the equilibrium number of units were bought and sold. D) $6 higher than it would be if the equilibrium number of units were bought and sold.
-Refer to Table 7-17. Both the demand curve and the supply curve are straight lines. If 6 units are bought and sold, then total surplus is


A) $18 lower than it would be if the equilibrium number of units were bought and sold.
B) $22 lower than it would be if the equilibrium number of units were bought and sold.
C) $26 lower than it would be if the equilibrium number of units were bought and sold.
D) $6 higher than it would be if the equilibrium number of units were bought and sold.

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