Author Question: Social surplus is: A) the product of consumer surplus and producer surplus. B) the consumer ... (Read 334 times)

cdr_15

  • Hero Member
  • *****
  • Posts: 546
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


duke02

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

For a complete list of videos, visit our video library