The figure above shows the market for umbrellas in Sunville. When the market for umbrellas in Sunville is in equilibrium, what is the consumer surplus?
A) $30
B) $9,000
C) $18,000
D) $16,000
B
Economics
You might also like to view...
The form of government debt that was created to allow more people to buy and hold government debt is the
a. Treasury bond b. Treasury bill c. Treasury note d. savings bond e. savings bill
Economics
The GDP deflator can be used to take inflation out of nominal GDP
a. True b. False Indicate whether the statement is true or false
Economics