Refer to Figure 15-10. What is the area that represents consumer surplus under a monopoly?
A) the triangle P0P2E B) the trapezium P1P2EF
C) the rectangle P1P3HF D) the triangle P0P1F
D
Economics
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Suppose monetary policy results in the exchange rate falling. As a result,
A) exports do not change because they are autonomous and imports decrease. B) net exports decrease. C) exports increase and imports increase. D) exports decrease and imports decrease. E) net exports increase.
Economics
Refer to the scenario above. What is the probability of picking a green ball from the box?
A) 12.83% B) 16.67% C) 24.75% D) 32.35%
Economics