Assume government policy increases the demand for corn
A) The consumer surplus of corn buyers will increase.
B) The producer surplus of corn growers will decrease.
C) The producer surplus of corn growers will increase.
D) The producer surplus of corn growers will not change.
C
Economics
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If the Japanese buy more Cadillacs, they __________ more yen and __________ more dollars in the foreign exchange market
A) supply; supply B) supply; demand C) demand; supply D) demand; demand
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Economists object to monopoly because
a. monopoly profits go to the rich. b. monopolies overproduce to maximize profits. c. monopolies are usually polluters. d. monopolists keep output below efficient levels.
Economics