The above figure shows the market demand curve for telecommunication while driving one's car (time spent on the car phone). If the price were $2.50, consumer surplus equals

An economy's production function is Y = A , and the economy's total output in equilibrium is $800 billion. Total capital income in this economy is ________

A) $200 billion B) $25 billion C) $750 billion D) $267 billion E) none of the above

If the price of one good increases while the price of the other good and the consumer's income remain unchanged, what will happen to the budget line?

A) The budget line rotates inward from the intercept on the axis of the good that did not change in price. B) The budget line rotates outward from the intercept on the axis of the good that did not change in price. C) The budget line shifts inward without a change in slope. D) The budget line shifts outward without a change in slope.