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Author Question: When the United States exports a good, U.S. consumer surplus ________ and U.S. total surplus ... (Read 149 times)

melly21297

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on: Jun 29, 2018
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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

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


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