In the figure above, the equilibrium market price is $20. The producer surplus equals
A) $20.
B) $1,500.
C) $3,000.
D) 150.
E) $4,500.
B
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If a bond pays the same coupon payment forever without a maturity, it is known as a
A) perpetuity. B) forever bond. C) discount bond. D) consolidated bond.
According to the liquidity preference theory, the demand for money is ________ related to aggregate output and ________ related to interest rates
A) negatively; negatively B) negatively; positively C) positively; negatively D) positively; positively
Psychological research shows that choices that involve ___________ are likely to turn out worse than those involving __________.
A. complicated information; simple information B. simple information; complicated information C. low payoffs; high payoffs D. high payoffs; low payoffs
Impact investing is targeted toward:
A. social businesses. B. entrepreneurial ventures. C. those who live on less than $1 a day. D. those in the agricultural sector.