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Author Question: In the figure above, international trade ________ consumer surplus in the United States by ________. ... (Read 97 times)

Yolanda

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on: Jun 29, 2018
In the figure above, international trade ________ consumer surplus in the United States by ________.
 
  A) decreases; 2.88 billion
  B) decreases; 1.92 billion
  C) increases; 2.88 billion
  D) increases; 4.8 billion

Question 2

The figure above illustrates a linear demand curve. If the price falls from 6 to 4
 
  A) total revenue increases.
  B) total revenue decreases.
  C) total revenue remains unchanged.
  D) quantity demanded increases by more than 100 percent.


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akudia

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

A

Answer to Question 2

C


Yolanda

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Joy Chen

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Reply 3 on: Yesterday
Wow, this really help

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