The Nation of Zelzar Has Decided to End Its Policy

question 150

Multiple Choice

The nation of Zelzar has decided to end its policy of not trading with the rest of the world.When it ends its trade restrictions,it discovers that it is importing incense,exporting steel,and neither importing nor exporting rugs.We can conclude that Zelzar's new free-trade policy has

• A) increased consumer surplus and producer surplus in the incense market.
• B) increased consumer surplus in the steel market and left producer surplus in the rug market unchanged.
• C) decreased consumer surplus in both the steel and rug markets.
• D) decreased consumer surplus in the steel market and increased total surplus in the incense market.

Identify the various specialty areas within psychology and the settings in which psychologists commonly work.

Realize the influence of both individualistic and collectivistic cultural orientations on behavior and social norms.

Understand the role and scope of biological psychology in studying the relationship between psychological processes and the body’s physical systems.

Recognize the application of the principles of evolution in explaining psychological phenomena.

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