Consumer surplus is the area in graph–

(A) below the demand curve and above price line
(B) above the supply curve and below price line
(C) above the demand curve and below the price line
(D) below the demand curve and above the supply curve

Anurag Mishra Professor Asked on 14th July 2016 in Commerce.
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    Answer: (A) below the demand curve and above price line 

    Anurag Mishra Professor Answered on 14th July 2016.
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