An important explanation of the high income inequality in Brazil is unequal access to

a. food
b. education
c. infrastructure
d. jobs
e. none of the above

B

Economics

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Refer to the figure above. Which of the following combinations is attainable as well as efficient?

A) B B) C C) D D) E

Economics

Mister Jones was selling his house. The asking price was $220,000, and Jones decided he would take no less than $200,000. After some negotiation, Mister Smith purchased the house for $205,000. Jones' producer surplus is

A) $5,000. B) $15,000. C) $20,000. D) Not able to be calculated from the information given.

Economics