Author Question: When potential GDP increases, long-run aggregate supply also increases. Indicate whether the ... (Read 190 times)

cartlidgeashley · **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