(Figure: Determining Surplus and Loss) Consider the Graph

question 174

Multiple Choice

(Figure: Determining Surplus and Loss) Consider the graph. If the price is lowered from $8 to $5 a surplus of:

• A) $60 is transferred from producers to consumers.
• B) $60 is transferred from consumers to producers.
• C) $140 is transferred from producers to consumers.
• D) $140 is transferred from consumers to producers.

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Definitions:

Electrical

Pertaining to electricity, a form of energy resulting from the existence of charged particles such as electrons or protons.

Chemical Message

Information passed between organisms or cells, often in the form of hormones or neurotransmitters, that affects physiological or behavioral changes.

Synapse

The junction between two nerve cells, consisting of a minute gap across which impulses pass by diffusion of a neurotransmitter.

Nerve Impulse

A signal transmitted along a nerve fiber, consisting of a wave of electrical depolarization that reverses the electric potential along the membrane of the nerve cell.