Figure: Consumer Surplus Refer to the Figure

question 34

Multiple Choice

Figure: Consumer Surplus Refer to the figure. Calculate the dollar amount of consumer surplus being earned in this market when the price is $30 and there are 300 units consumed.

• A) $4,500
• B) $9,000
• C) $18,000
• D) $450

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Definitions:

Voting Rights

Legal rights that dictate who is entitled to participate in the electoral process of a democracy or other forms of government, often including age, citizenship, and residency requirements, and historically have been subject to significant struggle and changes.

CORE

The Congress of Racial Equality, an organization dedicated to civil rights in the United States.

SNCC

The Student Nonviolent Coordinating Committee, an important civil rights organization in the 1960s that played a major role in sit-ins, freedom rides, and the March on Washington.

Voting Rights Act

Law passed in the wake of Martin Luther King Jr.’s Selma-to-Montgomery March in 1965; it authorized federal protection of the right to vote and permitted federal enforcement of minority voting rights in individual counties, mostly in the South.