Author Question: When the United States exports a good, U.S. consumer surplus ________ and U.S. total surplus ... (Read 168 times)

melly21297

  • Hero Member
  • *****
  • Posts: 565
When the United States exports a good, U.S. consumer surplus ________ and U.S. total surplus ________.
 
  A) increases; increases
  B) increases; decreases
  C) decreases; increases
  D) decreases; decreases

Question 2

The figure illustrates Anne's demand for books. At ________ a book, Anne's demand for books is inelastic.
 
  A) all prices between 15 and 30
  B) all prices between 10 and 15
  C) all prices between 10 and 20
  D) all prices below 30



jaymee143

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

B
« Last Edit: Feb 20, 2019 by Celeste »



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

For a complete list of videos, visit our video library