Economics 9708 · AS & A Level · Cross elasticity of demand

Cross elasticity of demand — practice question

The diagram illustrates the market for computers in Pakistan. Which regions show consumer surplus and consumer expenditure?

  • Aconsumer surplus WXY / consumer expenditure OXY
  • Bconsumer surplus WXY / consumer expenditure OXYZ
  • Cconsumer surplus WYO / consumer expenditure OXYZ
  • Dconsumer surplus WYO / consumer expenditure OYZ

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