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

Cross elasticity of demand — practice question

A ticket for an international athletics tournament cost $50. Every ticket was sold. On the diagram, which area shows consumer surplus?

  • AArea ZD (leftmost area shown on diagram)
  • BArea C (second area shown on diagram)
  • CArea A (third area shown on diagram)
  • DArea B (fourth area shown on diagram)

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