Graph 9-11 -Using Graph 9-11, Fill-In the Answers for the Following Questions

question 33

Short Answer

Graph 9-11

-Using Graph 9-11, fill-in the answers for the following questions.
a. consumer surplus before trade would be area(s) _______________.
b. consumer surplus after trade would be area(s) _______________.
c. producer surplus before trade would be area(s) _______________.
d. producer surplus after trade would be area(s) _______________.
e. total surplus before trade would be area(s) ______________.
f. total surplus after trade would be area(s) ______________.

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Definitions:

Stressful Event

Any event or situation that causes significant anxiety, pressure, or strain to an individual.

Final Play

The last action or series of actions in a game that determine the outcome, especially in sports.

Pressure

The use of persuasion, influence, or intimidation to make someone do something, or the physical force exerted on or against an object.

Football Team

A group of players forming one side in a competitive game of football, where the team works together to score goals against the opposition.