Refer to Figure 9.6. As a result of this policy, producer surplus will be
A) $2000.
B) $3375.
C) $4500.
D) $6000.
E) $12,000.
C
Economics
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A differentiated product has
A) many perfect substitutes. B) no close substitutes. C) no substitutes of any kind. D) close but not perfect substitutes. E) many different complements.
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Which of the following is a lagging indicator?
a. Outstanding commercial loans. b. Duration of unemployment. c. Prime rate. d. All of these.
Economics