Refer to Figure 16-6. With this pricing scheme - a competitive price for the classes and a one-time membership fee - what amount of producer surplus will Sensei earn?
A) the area A + B + C + D + E + F + G + H B) the area E + F.
C) the area H + G + F. D) the area A + B + C + D + E.
A
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Who suffers primarily when the federal government has to bail out a financial intermediary through the deposit insurance system?
A) the bank officers B) the taxpayers C) the bank shareholders D) the U.S. Treasury
Assume the technology for producing personal computers improves and, at the same time, individuals discover new uses for personal computers so that there is greater utilization of personal computers. Which of the following will happen to equilibrium price and equilibrium quantity?
A) Price will increase; quantity cannot be determined. B) Price will decrease; quantity cannot be determined. C) Quantity will increase; price cannot be determined. D) Quantity will decrease; price cannot be determined.