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

Cross elasticity of demand — practice question

The diagram displays demand curve D and supply curve S for a product, with equilibrium and areas marked O, X, W, Z and Y. Which area shows producer surplus?

  • AOWYZ minus OWY
  • BOWYZ minus OYZ
  • COXYZ minus OYZ
  • DOXYZ minus WXY

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