Economics (AS & A Level) · May / June 2025 · Paper 13 · Question 7

The diagram shows the market for computers in a country. [Diagram: axes labelled price (vertical) and quantity (horizontal). Supply curve upward sloping, demand curve downward sloping, intersecting at point Y. Point W on price axis at top of demand curve, point X on price axis at equilibrium level, point Z on quantity axis below Y. Origin O.] Which area represents consumer surplus?

1. AWYX
2. BXYO
3. CWYO
4. DOYZ

As printed in the paper