A country opens up to trade and becomes an exporter of wheat. In the wheat market, consumer surplus will ________, producer surplus will ________, and total surplus will ________

The supply curve for portable charcoal grills shifts

a. only when production technology changes. b. when a determinant of the supply of portable charcoal grills other than the price of portable charcoal grills changes. c. when any determinant of the supply of portable charcoal grills changes. d. only when the number of sellers of portable charcoal grills changes.

A simultaneous equations model is suitable whenever two variables are determined simultaneously.

Answer the following statement true (T) or false (F)