Total surplus is maximized in a(n) ________

Which of the following increases the supply of a good and shifts its supply curve rightward?

A) a smaller number of producers B) an increase in the price of the good C) a higher wage paid to workers in the industry D) a technological advance in how the good is produced E) an increase in the cost of the resources used to produce the good

The figure above shows the market for brooms. If the market is efficient,

A) 0 brooms are produced. B) 600 brooms are produced. C) more than 1000 brooms are produced. D) between 0 and 600 brooms are produced. E) between 600 and 1000 brooms are produced.