Eisenhower wanted producers of weapons and war-related goods to have influence over fiscal policy decisions

Refer to Table 3-1. The table above shows the demand schedules for Kona coffee of two individuals (Luke and Ravi) and the rest of the market. At a price of $4, the quantity demanded in the market would be

A) 40 lbs. B) 70 lbs. C) 110 lbs. D) 150 lbs.

Refer to Figure 9.9. At free trade, domestic producer surplus would be

A) $2,500. B) $50,000. C) $1,250,000. D) $2,500,000. E) $20,000,000.