-Refer to the Diagram Above

question 169

Multiple Choice

-Refer to the diagram above.Based on demand curve D1 and supply curve S,the dollar value of total economic surplus is

• A) $600.
• B) $607.50.
• C) $630.
• D) $643.50.
• E) $700.

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Definitions:

Debrief Phase

A critical discussion following an event, activity, or project, where participants reflect on what happened, analyze outcomes, and identify learning points.

Role Play

An educational technique in which people simulate real-life situations to practice behaviors and decision-making in a safe environment.

Feedback

Information given to an individual or group about their performance or behavior, intended to reinforce strengths or identify and improve weaknesses.

Simulations

Interactive models or scenarios designed to mimic real-life situations, allowing individuals to practice and learn in a safe, controlled environment.