Globalization has helped to significantly decrease income inequality in the United States

In the figure above, the equilibrium market price is $20. Area A is the

A) marginal cost of 150th unit. B) willingness to pay for the 150th unit. C) producer surplus. D) consumer surplus. E) marginal benefit of 150th unit.

A firm that is not maximizing profits

A) would never be able to operate in the United States. B) must not be owned by stockholders. C) may find it difficult to raise financial capital from external capital markets. D) is likely to face legal prosecution from the Department of Commerce.