Suppose Demand for a Good Is Q_D = 100 -

question 16

Multiple Choice

Suppose demand for a good is Q_D = 100 - P and supply is Q_S = -20 + P.Suppose that a nationwide quota (of 20) is enforced so that more can be used in a war effort.What is the consumer surplus?

• A)200
• B)400
• C)600
• D)800

---

Definitions:

Sensory Memory

The structure of memory that is first encountered by sensory input. Information is maintained in sensory memory for only a fraction of a second.

Visual Tasks

Activities or exercises that require the use of vision to identify, process, and interpret visual information.

Middle Childhood

A developmental stage extending from approximately 6 to 12 years of age, characterized by significant growth in physical, cognitive, and social abilities.

Irrelevant Information

Information that does not pertain to the current context or situation, lacking importance or relevance.