Homework Answers
From the graph
A = Consumer surplus
B = Producer surplus
C = Dead weight loss
D = Producer surplus
E = Dead weight loss
The region of A is the consumer surplus where the consumer will benefit as the price difference between consumer willing to pay and market price will make him earn a benefit
B and D region is producer surplus where the producer earns benefit due to the cost at which he is selling is more the market price .
C and E region are dead weight loss.
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