The figure above shows Cindy's demand for CDs per year. a) What is Cindy's total consumer surplus if the price of a CD is $12? b) What is Cindy's total consumer surplus if the price of a CD is $9? c) What happens to Cindy's consumer surplus when

the price of a CD falls?

a) Her consumer surplus when the price of a CD is $12 equals $15, the area of the triangle under the demand curve and above the price.
b) Her consumer surplus when the price of a CD is $9 equals $60, the area of the triangle under the demand curve and above the price.
c) As the price of a CD falls, Cindy's consumer surplus increases. This result reflects the observation that consumers are better off when prices are lower.