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Author Question: Social surplus is: A) the product of consumer surplus and producer surplus. B) the consumer ... (Read 293 times)

cdr_15

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on: Jun 29, 2018
Social surplus is:
 
  A) the product of consumer surplus and producer surplus.
  B) the consumer surplus minus producer surplus.
  C) the ratio of consumer surplus to producer surplus.
  D) the sum of consumer surplus and producer surplus.

Question 2

Which of the following pairs of variables are likely to be positively correlated?
 
  A) Income and consumption
  B) Price and consumption
  C) Education and unemployment
  D) Availability of health care and death rate
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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duke02

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

D

Answer to Question 2

A


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