A. consumer s
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
- 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.
- If the price of oak lumber increases, what happens to consumer surplus in the market for oak cabinets?
- how much is consumer surplus and producer surplus respectively? A: 8、8 B: 2、8 C: 8、16 D: 4、16
- The consumer surplus of electric toothbrushes can be decreased by:
内容
- 0
A tariff is imposed on a good. This will ________ the domestic producer surplus, ________ the domestic consumer surplus, and ________ total surplus in the home country. A: increase; decrease; decrease B: increase; decrease; increase C: increase; remain unchanged; increase D: increase; increase; increase
- 1
Suppose that a consumer is consuming 10 units of a discrete good and the price increases from $5 per unit to $6. However, after the price change the consumer continues to consume 10 units of the discrete good. What isthe loss in the consumer’s surplus from this price change? A: $ 0 B: $ 4 C: $ 5 D: $ 10
- 2
Assume that linen pants are a normal good and consumer income rises. If the supply of linen pants remains constant, producer surplus:
- 3
Suppose you receive a consumer surplus of $50. The $50 represents:
- 4
In the figure below, the decline in consumer surplus resulting from an increase in price from $5 to $10 is given by the area:07759405b34d3d8ddf2f10fde4c01fdc.png