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.
内容
- 0
If the price of oak lumber increases, what happens to consumer<br/>surplus in the market for oak cabinets? () A: Consumer<br/>surplus increases. B: Consumer<br/>surplus decreases. C: Consumer<br/>surplus will not change consumer surplus; only producer surplus<br/>changes. D: Consumer<br/>surplus depends on what event led to the increase in the price of oak<br/>lumber.
- 1
Suppose the only revenue taken in by the government is in the form of income tax, and the tax rate is 10 percent. If aggregate income is $800 billion, and government outlays are $100 billion then the government budget has A: a deficit of $20 billion. B: a surplus of $20 billion. C: neither a surplus nor a deficit. D: a deficit of $80 billion.
- 2
A tariff on a product ( ) A: enhances the economic well-being of the domestic economy. B: increases the domestic quantity supplied. C: increases the domestic quantity demanded. D: results in an increase in producer surplus that is greater than the<br/>resulting decrease in consumer surplus.
- 3
Producer surplus is equal to: A: the difference between the highest market price consumers are willing to pay for a product and the minimum amount producers are willing to accept for that product. B: the difference between the market price consumers are willing to pay for a product and the actual price they pay. C: the price a producer receives for a product minus the marginal cost of production. D: the economic profit earned from the sale of a good, minus its marginal cost of production.
- 4
Over the last twenty years, the U.S. has generally had a current account ________ and a capital account ________. A: surplus, surplus B: surplus, deficit C: deficit, surplus D: deficit, deficit