The sum of consumer surplus and producer surplus is equal to

A) total profit. B) zero.
C) the economic surplus. D) the deadweight loss.

C

Economics

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A major U.S. motive for negotiating a free-trade agreement with Mexico was to

a. help foster the study of the Spanish language as a means to trading with all Spanish-speaking countries b. increase immigration into the United States c. gain increased access to Mexican consumers d. keep Mexico from going Communist e. achieve, ultimately, political union with Mexico

Economics

Which of the following is least likely to be included in a definition of basic human needs?

a. A minimal level of clothing b. A minimal level of health care c. A minimal level of savings d. A minimal level of shelter e. A minimal level of calorie intake

Economics