Use the Following to Answer Questions

question 83

Multiple Choice

Use the following to answer questions:
Figure: Price Ceilings and Consumer Surplus
-(Figure: Price Ceilings and Consumer Surplus) Refer to the figure. There is a price ceiling of $20. What is the value of consumer surplus if all the goods are allocated randomly?

• A) $120
• B) $180
• C) $80
• D) None of the answers are correct.

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Definitions:

Benzaldehyde

An aromatic aldehyde with a formula of C6H5CHO, known for its almond-like aroma.

Acetaldehyde

A volatile and colorless flammable liquid compound with a pungent odor, widely used in the chemical synthesis of various compounds.

Resonance Structures

Different Lewis structures for the same molecule that depict different possible arrangements of electrons without altering the positions of the atoms.

Compound Name

Refers to the systematic naming of a chemical substance in accordance with the rules of nomenclature.