Author Question: When the United States exports a good, U.S. consumer surplus ________ and U.S. total surplus ... (Read 159 times)

melly21297

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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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Answer to Question 1

C

Answer to Question 2

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



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