If you are willing to pay $20 for a shirt but you only have to pay $16, the $4 difference is:
A: your consumer surplus.
B: the producer’s deficit.
C: your consumer deficit.
D: the producer’s surplus.
A: your consumer surplus.
B: the producer’s deficit.
C: your consumer deficit.
D: the producer’s surplus.
举一反三
- What is the total surplus of a market? A: the sum of consumer surplus and producer deficit B: the sum of consumer surplus and producer surplus C: the difference between the consumer surplus and producer surplus D: the difference between the highest price that a consumer is willing to pay and the lowest price that a producer is willing to sell
- Moving production from a<br/>high-cost producer to a low-cost producer will (<br/>) A: lower total surplus. B: raise total surplus. C: lower producer surplus. D: raise producer surplus but<br/>lower consumer surplus.
- 【单选题】If the price decreases in a country, what will happen? ( ) A. consumer surplus declines B. consumer surplus rises C. producer surplus declines D. both B and C A. consumer s
- how much is consumer surplus and producer surplus respectively? A: 8、8 B: 2、8 C: 8、16 D: 4、16
- When a country faces a current account deficit, it also faces: A: a services trade deficit. B: a capital account deficit. C: a capital account surplus. D: a merchandise trade deficit.