Use the Following to Answer Questions: Table: Willingness to Sell

question 150

Multiple Choice

Use the following to answer questions: Table: Willingness to Sell $$\begin{array} { l c } \hline \text { Country } & \begin{array} { c } \text { Minimum willingness to sell } \\\text { a single barrel of oil }\end{array} \\\hline \text { Country X } & \$ 12.00 \\\text { Country Y } & 5.99 \\\text { Country Z } & 17.25 \\\text { Country A } & 36.99 \\\hline\end{array}$$
-(Table: Willingness to Sell) Refer to the table. Which country is earning the most producer surplus at a market price of $35 per barrel of oil?

• A) Country X
• B) Country Y
• C) Country Z
• D) Country A

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Definitions:

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A colorless gas with significant greenhouse and ozone-depleting potentials, commonly used as an anesthetic and a propellant.

Fossil Fuels

Fossil fuels, including coal, oil, and natural gas, are energy sources formed from the decayed remains of ancient plants and animals, accumulated and altered over millions of years.

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A complex network of food chains based on the consumption of dead organic matter (detritus) by decomposers and detritivores.

Grazing Food Web

A community of organisms where the primary energy transfer is through consumption of plants (primary producers) by herbivores (grazers).