4 . Total economic surplus

The following graph plots the supply and demand curves in the market for VR headsets.

Use the black point (plus symbol) to indicate the equilibrium price and quantity of VR headsets. Then use the green point (triangle symbol) to fill the area representing consumer surplus, and use the purple point (diamond symbol) to fill the area representing producer surplus.

EquilibriumConsumer SurplusProducer Surplus02550751001251501752002252502502252001751501251007550250PRICE (Dollars per headset)QUANTITY (Millions of headsets)DemandSupply