686EconomicsMedium
Total surplus is the area________?
Abelow the demand curve and above the price
Bbelow the demand curve and above the supply curve
Cabove the supply curve and below the price
Dabove the demand curve and below the price
Ebelow the supply curve and above the price
Correct answer
B. below the demand curve and above the supply curve
Explanation
The correct answer is below the demand curve and above the supply curve.