If markets are left to their own devices, the ________ a good or service is desired by buyers, the ________ its price will be

Consumer surplus measures the benefit to buyers of participating in a market

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

Which of the following would an economist classify as physical capital?

a. 100 shares of IBM stock b. a $50 bill c. a credit card d. a lawyer's computer