Multiple Choice
Use the following to answer questions:
Figure: Quantity of Good X
-(Figure: Quantity of Good X) Refer to the figure. As the price falls from $200 to $100, consumer surplus changes by:
A) $5,000.
B) $10,000.
C) $12,500.
D) -$25,000.
Correct Answer:

Verified
Correct Answer:
Verified
Q71: A decrease in the price of one
Q72: In 2011, revolutions and uprisings spread across
Q73: Demand for a good or service increases
Q74: When you are willing to pay $5
Q75: The difference between the maximum price a
Q77: A subsidy is a:<br>A) reverse tax.<br>B) means
Q78: Assume that spaghetti is an inferior good
Q79: Figure: Consumer Surplus <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3377/.jpg" alt="Figure: Consumer
Q80: In 2011, the United States Senate voted
Q81: A farmer can grow either apples or