If the price of a bottle of orange juice is $1.50, then consumer surplus is an amount
If the price of a bottle of orange juice is $1.50, then consumer surplus is an amount equal to the area a. under the demand curve and above the $1.50 price for each individual who buys and consumes orange juice. b. above the demand curve for each individual who buys and consumes orange juice. c. under the demand curve for each individual who buys and consumes orange juice. d. under the demand curve and above the $0.75 price for each individual who buys and consumes orange juice.