Question: Based on the information on the previous graph, you can tell that consumer surplus in this market will be will buy motor scooters at the
Based on the information on the previous graph, you can tell that consumer surplus in this market will be will buy motor scooters at the given market price, and total
Suppose the market price of a motor scooter increases to $
On the following graph, use the rectangles once again to shade the areas representing consumer surplus for each person who is willing and able to purchase a motor scooter at the new market price: orange square symbols for Manuel, green triangle symbols for Poornima, purple diamond symbols for Shen, dash symbols for Valerie, and blue circle symbols for Antonio. Note: If a person will not purchase a motor scooter at the new market price, indicate this by leaving his or her rectangle in its original position on the palette.
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