Kizspy Question: 3
(Choose 1 answer)
FLEVERT LOW LOW
Which of the following statements is correct?
A. Consumer surplus in a market can be represented by the area below the demand curve and above the
price.
B. Consumer surplus in a market can be represented by the distance from the demand curve to the horizontal
axis.
C. Consumer surplus in a market can be represented by the distance from the demand curve to the vertical
axis.
D. Consumer surplus in a market can be represented by the area below the demand curve and above the
horizontal axis.