Classify the Statement as True or False $$| - 11 + - y | = | 11 + y |$$

question 9

True/False

Classify the statement as true or false.
- $$| - 11 + - y | = | 11 + y |$$

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Definitions:

Domestic Price

The price of a good or service within a country's borders.

Domestic Consumption

The total amount of goods and services consumed within a country's borders.

Consumer Surplus

The difference between the total amount that consumers are willing to pay for a good or service and the total amount they actually pay.

Producer Surplus

The disparity between the minimum amount producers are prepared to take for a product or service and the higher amount they end up getting.