Refer to the figure above. Calculate the total surplus in ...

[joblessjake]

Refer to the figure above. Calculate the total surplus in Lithasia under free trade.
 
  A) 150
  B) 250
  C) 325
  D) 375

Question 2

The figure above shows the U.S. production function. How would an increase in capital be shown in the figure?
 
  A) an upward shift or rotation of the production function
  B) a downward shift or rotation of the production function
  C) a movement from point A to point B
  D) a movement from point C to point B
  E) None of the above because the effects of an increase in capital cannot be shown in the figure.

[ms_sulzle]

Answer to Question 1

B

Answer to Question 2

A

[joblessjake]

YES! Correct, THANKS for helping me on my review

[upturnedfurball]

Thanks for the timely response, appreciate it