-Refer to the Diagram Above

question 154

Multiple Choice

-Refer to the diagram above.If the price in this market is initially $7.00 and the most dissatisfied supplier sells a unit of the good for $5.50 to the most eager buyer,by how much does economic surplus rise?

• A) $1.50.
• B) $2.50.
• C) $4.00.
• D) $5.50.
• E) $7.00.

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Definitions:

Vocal Pitch

The perceived frequency of a speaker's voice, which can affect the interpretation and emotional tone of the message.

Voicemail

A system that records messages from callers when the recipient is unavailable to answer the phone.

Courtesy

The showing of politeness in one's attitude and behavior toward others.

Business Aspect

Components or considerations related to the operation, strategy, and objectives of a business.