Refer to the graph below. If the output level is Q1, then the sum of the consumer and producer surplus is:

As technology advancements have led to more white collar jobs,

A) the labor force participation rate for women has increased over the last 50 years. B) the labor force participation rate for women has decreased since 1960. C) the labor force participation rate for men and women have increased. D) a higher percentage of men of working age have entered the labor force. E) the unemployment rate has steadily fallen.

U.S. automobile manufacturers chose not to switch to producing subcompact cars for which of the following reasons?

(a) They did not perceive the U.S. demand for subcompacts as permanent. (b) This switch was not economically feasible in the long run. (c) Government policy prevented them from doing so. (d) All of the above.