The figure illustrates the market for bagels. If the number of bagels is increased from 20 to 30 an hour, consumer surplus plus producer surplus ________ and deadweight loss is ________
A) decreases; negative
B) decreases; positive
C) increases; positive
D) increases; negative
B
Economics
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If, while you are holding a coupon bond, the interest rates on other similar bonds fall, you can be sure that
A) the coupon payments on your bond will fall. B) the market price of your bond will rise. C) the market price of your bond will fall. D) the par value of your bond will rise.
Economics
Explain why the supply-and-demand model should not be used to analyze the market for jeans
What will be an ideal response?
Economics