Total surplus with a binding price floor 0 2 4 6 8 10 12 14 16 18 0 2 4 6 8 10 12 14 16 18 20 p q price floor b b b b b b b a b c e d f g price floor. Consumer surplus exists when the price that people are willing to pay is than what they actually pay. The more elastic is the supply curve the greater the burden on.
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