If the producers' surplus is $50, and the consumers' surplus is $40, then what is the minimum selling price of the good?
A) $10
B) $40
C) $50
D) $90
E) There is not enough information to answer the question.
E
Economics
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Monetary policy has an:
A. unambiguous effect on exchange rates because the income, price, and interest rate effects offset one another. B. ambiguous effect on exchange rates because the income, price, and interest rate effects offset one another. C. unambiguous effect on exchange rates because the income, price, and interest rate effects reinforce one another. D. ambiguous effect on exchange rates because the income, price, and interest rate effects reinforce one another.
Economics
Contractionary policies are government policies that:
A. increase aggregate supply. B. decrease aggregate supply. C. decrease aggregate demand. D. increase aggregate demand.
Economics