Author Question: In the long-run equilibrium in perfect competition, consumer surplus is A) positive. B) ... (Read 75 times)

Melani1276

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In the long-run equilibrium in perfect competition, consumer surplus is
 
  A) positive.
  B) negative.
  C) zero.
  D) less than producer surplus.

Question 2

What is one reason it might be difficult to dissuade people from pirating music off the Internet?
 
  A) Consumer surplus is very high when music is pirated.
  B) In general, consumers get a rush from stealing.
  C) Consumers mistakenly believe that the Internet is public domain.
  D) Producer surplus is very low when music is pirated.


jsm54321

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Answer to Question 1

A

Answer to Question 2

A



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