Over short time periods, deficits can help the economy cope with shocks

Specialization of labor means that: a. production requires a special kind of labor

b. the overall skill level of labor is increasing over time. c. individuals produce goods that they are relatively good at producing and trade for those that they do not produce. d. individuals achieve self-sufficiency in production by producing all the goods that they require. e. exchange within the economy consists of trading in services.

Use the table below to answer the following question.UnitsMaximum Willingness to PayMarket Price1$14$821283108488568648What is the value of consumer surplus in the table above?

A. $12 B. $6 C. $44 D. $54