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Author Question: When potential GDP increases, long-run aggregate supply also increases. Indicate whether the ... (Read 115 times)

cartlidgeashley

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on: Jun 29, 2018
When potential GDP increases, long-run aggregate supply also increases.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 16-6. If Sensei acts as a monopolist and charges the profit-maximizing price, what is the consumer surplus received by his customers?
 
  A) the area A + C + H B) the area A + B + C + D
  C) the area A + B D) the area A + B + C + D + E


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lindahyatt42

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

TRUE

Answer to Question 2

C


cartlidgeashley

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

dreamfighter72

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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