Which of the following describes a surplus-enhancing transaction?

A. A firm lays off 25 workers in order to cut costs.
B. Your state government imposes a higher minimum wage than the one set by federal law.
C. A person pays $10.00 to buy a scoop of ice cream at a baseball game.
D. The Federal government taxes the wealthy to pay for programs to help the poor.


Answer: C

Economics

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Fill in the blank(s) with the appropriate word(s).

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