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    Exam 5: Efficiency and Equity
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    -The Figure Above Shows the Market for Umbrellas in Sunville
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-The Figure Above Shows the Market for Umbrellas in Sunville

Question 72

Question 72

Multiple Choice

  -The figure above shows the market for umbrellas in Sunville. Suppose the quantity of umbrellas currently traded in Sunville is 199 per day. If one more umbrella is sold, the total surplus in Sunville will A)  decrease by $26.67. B)  increase by $26.67. C)  increase by $50.00. D)  not change.
-The figure above shows the market for umbrellas in Sunville. Suppose the quantity of umbrellas currently traded in Sunville is 199 per day. If one more umbrella is sold, the total surplus in Sunville will


A) decrease by $26.67.
B) increase by $26.67.
C) increase by $50.00.
D) not change.

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