A-LevelEconomicsGovernment microeconomic intervention9708/12 · Oct/Nov 2015 · Q131 Mark
The diagram shows an individual's demand curve for a commodity. The supplier of the commodity charges a unit price of OP but consumers are currently required to purchase a minimum quantity, OQ. Which area(s) in the diagram measure the net gain in consumer surplus from the removal of the minimum purchase requirement? [Figure 13.1]
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Ax + y
Bx - z
Cy only
Dz only
✓ Correct answer
D: z only
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