Author Question: The above figure shows the U.S. market for chocolate. With international trade, ________ is the ... (Read 34 times)

wrbasek0

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The above figure shows the U.S. market for chocolate. With international trade, ________ is the transfer of surplus from producers to consumers.
 
  A) area B +area C + area D
  B) area B
  C) area C + area D
  D) area A
  E) area E

Question 2

Fill in the blank: An opportunity cost is the ________ opportunity a person sacrifices when making a choice.
 
  A) every
  B) least desirable
  C) next-best
  D) strictly financial


covalentbond

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Answer to Question 1

B

Answer to Question 2

C



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