Refer to the Figure Below

question 59

Multiple Choice

Refer to the figure below. Suppose the dairy lobby convinces the government to impose price controls in this market. If the government requires cheese to be sold for a price of $8 per pound, total consumer surplus in the market would equal:

• A)$20 per day
• B)$60 per day
• C)$80 per day
• D)$120 per day

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Definitions:

Aversion Therapy

A form of psychological treatment where patients are exposed to a stimulus while simultaneously being subjected to some form of discomfort, aiming to create a repulsion towards a harmful stimulus.

Psychodynamic Therapist

A mental health professional who uses psychodynamic theories to understand and treat patients' unconscious motives and conflicts.

Cognitive-Behavioral Therapist

A mental health professional who uses cognitive-behavioral therapy to help individuals manage their problems by changing the way they think and behave.

Psychodynamic Therapies

A group of therapies that focus on unconscious processes as they are manifested in a person's present behavior.