Producer surplus is the price of a good minus the opportunity cost of producing it, summed over the quantity produced

Indicate whether the statement is true or false

TRUE

Economics

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Globalization is closely aligned with which of the following?

A) increased free enterprise B) more government control of markets C) less freedom of movement for people D) less freedom of movement for goods

Economics

Economists working for Uber, along with economists from the University of Oxford and the University of Chicago, estimated the consumer surplus attributed to Uber. For the entire United States, these economists estimated that the total consumer surplus

from Uber in 2015 was A) almost $0. B) $13.30 per customer. C) $2.88 billion. D) 6.76 billion.

Economics