Changes in the size of an industry may cause supply to shift

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Consumer surplus is the difference between the highest price someone is willing to pay for a product and the price he actually pays for the product

Indicate whether the statement is true or false

Economics

Total expenditures as discussed by Gordon are

A) C + I + G + M. B) C + S + T + X. C) C + I + S + X. D) C + I + G + X - M.

Economics