The introduction of seat belts increased the number of accidents, even though the number of fatalities decreased. This is most likely a result of

Which of the following is an example of consumer surplus?

A) Jose buys a hamburger for $2 and tells you he would not have paid a penny more. B) John believes the price he paid for his computer was too high. C) Mary buys a paper tablet for $2 and finds the same good at another store for $1.50. D) Sue would have paid $15 for a new compact disc but paid only $10. E) Anne finds a mountain bike for which she is willing to pay a maximum of $550 and the price of the bike is $600.

Depositors have a strong incentive to show up first to withdraw their funds during a bank crisis because banks operate on a

A) last-in, first-out constraint. B) sequential service constraint. C) double-coincidence of wants constraint. D) everyone-shares-equally constraint.