Stocks and bonds are both considered securities

Refer to Figure 9.5. If the government establishes a price floor of $2.50 and farmers grow only the amount of berries that will be sold, producer surplus will

A) fall by $50. B) fall by $100. C) remain the same. D) rise by $50. E) rise by $100.

Given the information in Figure 18.1, the competitive output in the corbomite industry is:

A) Q0. B) Q1. C) Q2. D) any level as long as price is P0.