Total surplus is at its minimum when the market operates at the equilibrium price and quantity

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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A vacation home in Malibu is

a. not rival in consumption and excludable. b. rival in consumption and excludable. c. not rival in consumption and not excludable. d. rival in consumption and not excludable.

Economics

State at least one economic benefit to increased international trade.

What will be an ideal response?

Economics