The above figure shows the market for a particular good. If the market is controlled by a perfect-price-discriminating monopoly, compared to a monopoly who charges a single price, the change in consumer surplus is

Known world oil supplies will allow oil to last longer than any other source of energy

Indicate whether the statement is true or false

A market economy answers the question "how" will goods be produced by focusing on a. dollar votes

b. consumer sovereignty. c. least-cost method of production. d. who can afford these goods.