Refer to the table below. If the equilibrium price increases, then the:
A. Producer surplus will decrease
B. Consumer surplus will increase
C. Producer surplus will increase
D. Allocative efficiency will increase
C. Producer surplus will increase
Economics
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The efforts of nations to influence exchange rates are known as
A) open market operations. B) establishing terms of trade. C) foreign exchange market intervention. D) rate discrimination.
Economics
Which of the following policies face difficult problems of timing?
A) Fiscal policy B) Monetary policy C) Both of the above. D) None of the above.
Economics