In the Market for Apples in a Certain Country,consumer Surplus

question 69

Multiple Choice

In the market for apples in a certain country,consumer surplus increases and total surplus increases when that country

• A)abandons a no-trade policy,adopts a free-trade policy,and becomes an importer of apples.
• B)abandons a no-trade policy,adopts a free-trade policy,and becomes an exporter of apples.
• C)abandons a free-trade policy,adopts a no-trade policy,and becomes an importer of apples.
• D)abandons a free-trade policy,adopts a no-trade policy,and becomes an exporter of apples.

---

Definitions:

Archival Research

A research method that involves the acquisition and analysis (or reanalysis) of existing information collected by others.

High Cost

Refers to situations where the expense, either emotional, financial, or time-related, is considered to be significant or excessive.

Causal Hypothesis

A statement predicting a cause-and-effect relationship between two or more variables.

Dependent Variable

In experimental research, it is the variable being tested and measured, expected to change as a result of manipulations of the independent variable.