Multiple Choice
Suppose that the market for soccer balls looks as in the figure below. Consumer surplus is equal to:
A) $150.
B) $600.
C) $900.
D) $750.
E) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Producer surplus is:<br>A) the area between the
Q9: The small country general equilibrium (PPF/indifference curve)
Q10: The small country general equilibrium (PPF/indifference curve
Q11: The Rule of 72 says that:<br>A) a
Q12: According to the static Heckscher-Ohlin model of
Q14: According to the two-country general equilibrium (PPF/indifference
Q15: Surveys generally show that:<br>A) Americans strongly support
Q16: If an economy insists on remaining completely
Q17: The Rule of 72 says that:<br>A) a
Q18: According to the two-country general-equilibrium model, international