Refer to Figure 4-1. If the market price is $1.50, what is the consumer surplus on the second burrito?
A) $0.50 B) $1.00 C) $1.50 D) $3.50
A
Economics
You might also like to view...
Changes in business inventories
A) are included in gross but not in net investment. B) can either be positive or negative. C) are not included in GDP because they are not sold to anyone. D) are only partly included in GDP because part of these are holdings of intermediate goods.
Economics
Interest rate increases lead to currency appreciation and increases in net exports
a. True b. False Indicate whether the statement is true or false
Economics