Refer to Figure 4-6. What is the value of producer surplus after the imposition of the price floor?

In case of a decrease in product prices:

A) the quantity effect always dominates the price effect. B) the price effect always dominates the quantity effect. C) when the price effect dominates the quantity effect, total revenue increases. D) when the quantity effect dominates the price effect, total revenue increases.

As the value of the Gini coefficient approaches one

A) income distribution becomes less unequal. B) the percentage of the population under the poverty line decreases. C) income distribution becomes more unequal. D) the percentage of the population under the poverty line increases.