Multiple Choice
Suppose the market supply curve is p = 5Q.If price increases from 10 to 15,the change in producer surplus is
A) 25.
B) 5.
C) 12.5.
D) 20.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Long-run economic rent or profit do not
Q5: A new law applied to a competitive
Q7: Advocates of steel tariffs to protect American
Q42: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -The above figure
Q47: Economists claim that measuring society's welfare as
Q51: The services of real estate brokers are
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -The above figure
Q128: If a city decides to restrict the
Q138: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -The domestic demand
Q142: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -The above figure