Monopsony means a labor market with a single buyer

In every age group, average income in the United States increases with education

a. True b. False

In the market for apples in a certain country, consumer surplus increases and total surplus increases when that country

a. abandons a no-trade policy, adopts a free-trade policy, and becomes an importer of apples. b. abandons a no-trade policy, adopts a free-trade policy, and becomes an exporter of apples. c. abandons a free-trade policy, adopts a no-trade policy, and becomes an importer of apples. d. abandons a free-trade policy, adopts a no-trade policy, and becomes an exporter of apples.