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Question: Use the graph below to answer the following questions:  a. Shade in the area that represent consu...

Show transcribed image text Use the graph below to answer the following questions: a. Shade in the area that represent consumer surplus and label it area A. b. Shade in the area that represent producer surplus and label it area B. c. What is the numerical value for consumer surplus? d. What is the numerical value for producer surplus?

Use the graph below to answer the following questions: a. Shade in the area that represent consumer surplus and label it area A. b. Shade in the area that represent producer surplus and label it area B. c. What is the numerical value for consumer surplus? d. What is the numerical value for producer surplus?