Refer to Figure 4-3. If the market price is $2.50, what is Kendra's consumer surplus?

According to A.P. Lerner, splitting income equally among individuals was most appropriate for maximizing combined satisfaction

Indicate whether the statement is true or false

Which of the following is not correct? Using data from 2014,

a. immigrants (both legal and illegal) make up about 40 percent of the U.S. population. b. immigration lowers the earnings of native-born workers in the United States by about 1 to 3 percent. c. illegal immigrants make up about 5 percent of the U.S. workforce. d. today the largest percentage of immigrants come from Latin America and Asia, whereas in the 1950s and 1960s the largest percentage came from Europe.