Table 4-2 -Refer to Table 4-2.The Table Above Lists the Highest Prices

question 51

Multiple Choice

Table 4-2

-Refer to Table 4-2.The table above lists the highest prices five consumers are willing to pay for a concert ticket.If the price of one ticket falls from $50 to $20

• A)only three tickets will be sold.
• B)consumer surplus decreases from $48 to $24.
• C)consumer surplus increases from $0 to $62.
• D)everyone will buy a ticket.

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American Federation of Labor

A historic national federation of labor unions in the United States, founded in 1886 to advance the interests of skilled workers.

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