Refer to Figure 4-6. What is the value of consumer surplus after ...

[Marty]

Refer to Figure 4-6. What is the value of consumer surplus after the imposition of the price floor?
 
  A) 1,500 B) 2,700 C) 4,500 D) 5,700

Question 2

Refer to Table 2-9. What is Thailand's opportunity cost of producing one wristwatch?
 
  A) 0.05 pounds of rice B) 20 pounds of rice C) 25 pounds of rice D) 60 pounds of rice

[trog]

Answer to Question 1

A

Answer to Question 2

B