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Author Question: Who faces trade-offs? A) individuals B) households C) governments D) all of the ... (Read 31 times)

RYAN BANYAN

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Who faces trade-offs?
 
  A) individuals
  B) households
  C) governments
  D) all of the above

Question 2

If Jacqueline is willing to accept 1 for a cupcake and Jameson is willing to pay 3 for a cupcake, the consumer surplus will ________ if the negotiated price is 1.50 as opposed to 2.00.
 
  A) increase
  B) decrease
  C) not change
  D) All of the above are possibilities.



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miss_1456@hotmail.com

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Answer to Question 1

D

Answer to Question 2

A



RYAN BANYAN

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miss_1456@hotmail.com

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