A ban on imported avocadoes will result in_______
a. an increase in the total surplus because domestic production will increase.
b. no change in total surplus because the reduction in consumer surplus will offset the increase in producer surplus
c. a reduction in total surplus because deadweight loss is created.
d. It is impossible to say what will happen to total surplus.
Ms. Sue the answer is A.
1 answer
I don't think so, but I really don't know.
1 answer