Use the Following to Answer Questions

question 29

Multiple Choice

Use the following to answer questions:
Figure: Consumer and Producer Surplus
-(Figure: Consumer and Producer Surplus) Look at the figure Consumer and Producer Surplus. If the price is held above equilibrium, consumer surplus _____ and total surplus _____.

• A) increases; decreases
• B) decreases; stays the same
• C) increases; stays the same
• D) decreases; decreases

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Definitions:

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The irrational fear or hatred of bisexuals.

Michel Foucault

A French philosopher and social theorist known for his critical studies of various social institutions, including psychiatry, medicine, the prison system, and the history of human sexuality.

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An intellectual movement and critical theory that challenges the ideas of structures, identities, and meanings as fixed, instead seeing them as fluid and constructed through discourse.

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