Use the Following to Answer Questions

question 143

Multiple Choice

Use the following to answer questions:
Figure: Potatoes
-(Figure: Potatoes) Refer to the figure. If the price of potatoes is $8 a pound, what is the consumer surplus received?

• A) $30,000
• B) $60,000
• C) $240,000
• D) $360,000

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Definitions:

Women Owning Business

Refers to enterprises that are majority-owned by women, showcasing gender diversity in entrepreneurship.

Hispanic-Owned Businesses

Enterprises owned and operated by individuals of Hispanic heritage, contributing to the economic diversity and development.

Annual Revenue

The total amount of income generated by a company from its activities over a year before any costs or expenses are deducted.

Crediting Purposes

The act of acknowledging someone's contribution or work, often for the purpose of assigning merit or recognition.