Refer to the accompanying figure. Suppose the dairy lobby convinces the government to impose price controls in this market. If the government requires cheese to be sold for a price of $8 per pound, total consumer surplus in the market would equal:

A. $120 per day.
B. $20 per day.
C. $60 per day.
D. $80 per day.

Answer: B

Economics

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A. Most B. Few C. None D. All

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